The FTSE 100 started the week on the front foot after strong gains on Wall Street on Friday ahead of the next round tech company earnings.
Banks and US-focused stocks such as bookmaker Entain are leading the way in London with the blue-chip index up by 16 at 7,478 in early trades.
US tech will dominate this week with Tesla, Intel, and Netflix among those reporting and share prices have been rallying strongly in anticipation.
In contrast, company news was light in London today with Martin Sorrell’s new S4Capital rallying a little on a trading update that at best suggested things aren’t getting worse for the ad agency.
Compass is bolstering its position in the contract catering market with the £450m acquisition of CH&CO for up to £475m, while Endeavour Mining steadied the ship with a production update.
Gold explorer Oriole Resources was among the small caps going well, jumping by a third after unearthing some big grades in samples from a project in Cameroon.