Global markets roundup, 26 February

• FTSE 100 down 0.5% to 6,830

• Gold up 0. 27% to $1,340.64/oz

• £/$ – 1.6681

The FTSE 100 fell back from Monday‘s highs yesterday, slipping 0.5% to close at 6,830.

Miners dragged the index down as metals prices fell. Fresnillo was the day’s worst performer with a 3% fall, while Rio Tinto, Anglo American and Antofagasta lost between 2.8% and 2%.

In Europe yesterday, the Paris CAC 40 slipped five points to 4,414, and the German Xetra Dax lost nine points to 9,699.

In the US, the Dow Jones Industrial Average fell 0.2% to 16,179, and the S&P 500 and the Nasdaq Composite each lost 0.1% to 1,845 and 4,287 respectively.

Overnight in Japan, the Nikkei 225 fell 0.5% to 14,970 and the broader Topix slid 0.7% to 1,225. And in China, the Shanghai Composite rose 0.4% to 2,041, and the CSI 300 added 0.3% to 2,163.

Brent spot was trading at $109.44 early today, and in New York, crude oil was at $101.77. Spot gold was trading at $1,342 an ounce, silver was at $21.88 and platinum was at $1,431.

In the forex markets this morning, sterling was trading against the US dollar at 1.6675 and against the euro at 1.2137. The dollar was trading at 0.7278 against the euro and 102.30 against the Japanese yen.

And today, housebuilder Taylor Wimpey reported a 50% rise in profits for 2013. The company made a pre-tax profit of £306.2m, up from £204.2m in 2012. Revenue rose to £2.29bn, up from £2.02bn in the previous year.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
Why you should worry about Greece

...and how to protect your wealth

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

From ADRs to Z scores – all the terms you wish you understood, but were too embarrassed to ask about.

Gervais Williams: if you want real dividend growth, buy small-cap stocks

Merryn Somerset Webb interviews small-cap stock expert Gervais Williams about how penny shares outperform blue chips 'again and again'.


Which investment platform is the right one for you?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from, with varying fees and charges. Find out which is best for you.


3 July 1767: Pitcairn Island is discovered


Pitcairn Island was spotted on this day in 1767 by 15-year old midshipman Robert Pitcairn, serving on HMS Swallow. It was marked wrongly on the ship's chart, and was promptly lost again.


Anatomy of a Grexit: how Greece would go about leaving the euro

Jonathan Loynes and Jennifer McKeown, economists at Capital Economics, look at the key issues and challenges of a Grexit, how it might be best managed, and set out a timetable for change.