FTSE 100 up 52.96 at 4,299.65 (AP)
AP - Share prices on the London Stock Exchange were higher at midday Wednesday.
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AP - Share prices on the London Stock Exchange were higher at midday Wednesday.
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Reuters - Oil fell more than 2.5 percent on Wednesday to trade below $58 a barrel for the first time in 20 months as expectations of weaker energy demand more than offset news of reductions in supply.
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Reuters - A number of deals designed to cure the global financial crisis were in danger of unraveling on Wednesday, with losses mounting at banks and economies showing further signs of serious deterioration.
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Reuters - Stocks were pointing to a slightly lower open on Wednesday, adding to the previous session's sharp losses as concerns over the health of the global economy eclipsed hopes of a rescue package for the stricken auto sector. By 5:06 am EST, S&P 500 futures were down 0.01 percent, Dow Jones futures were down 0.2 percent and Nasdaq 100 futures were down 0.6 percent.
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