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Just caught the FTSE 100 action this morning - started off steady but couldn't hold the gains. Down about 68 points now, sitting at 10,345.75, which is a 0.65% dip from earlier. The miners are getting hammered today, which isn't surprising given the volatility we've been seeing. Anglo American dropped 3.4%, Glencore's off 2.5%, and most of the other mining stocks are following suit.
Retail stocks took a beating too - Marks & Spencer down 3.2%, Kingfisher down 3.1%. Bank stocks started steady enough but gave up their early momentum as the day went on. Not all bad news though, RightMove is up over 3% and Autotrader's gained about 2.7%.
On the economic side, UK house prices picked up pace in February with 1.3% annual growth, fastest in four months. Average property hit a new record at 301,151 GBP. The steady momentum in housing seems to be the only bright spot right now.