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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/ftse-boosted-by-late-dow-rally.jpg"><img class="alignnone size-full" title="The FTSE Index stood 6.3 points higher at 5556.8" src="http://londonglossy.com/wp-content/uploads/2010/11/min-ftse-boosted-by-late-dow-rally.jpg" alt="The FTSE Index stood 6.3 points higher at 5556.8"/></a></p>
<p>A late rally for Wall Street ensured London stocks steadied after a turbulent start to the week driven by European debt fears.</p>
<p>The FTSE 100 Index, which tumbled 2% on Monday on worries over the potential for further bailouts, recovered its poise to stand 6.3 points higher at 5556.8.</p>
<p>The mood was helped by the performance of US stocks following London&#8217;s close on Monday, with the Dow Jones Industrial Average finishing just 0.3% lower.</p>
<p>Mining stocks put back some of Monday&#8217;s losses, while telecoms group BT topped the risers board with a gain of 2.2p to 171.2p. Banks were also higher, with Lloyds up 0.6p at 61.2p and Royal Bank of Scotland ahead 0.2p to 38.7p.</p>
<p>In corporate news, shares in school trips and hotel breaks firm Holidaybreak jumped 7% after it posted a 9% rise in full-year profits and announced the acquisition of 50% of student accommodation firm Meininger.</p>
<p>The deal is part of plans to make Holidaybreak the leading brand in the European school trips market. Shares rose 18.25p to 288.25p.</p>
<p>Topps Tiles shares rose 2% after the tile and wood flooring specialist reinstated its dividend and lifted its full-year profits. With the company also reporting a rise in like-for-like sales of 3.2% in the first seven weeks of its new financial year, Topps shares improved 1.25p to 58.9p.</p>
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