MARKET OVERVIEW UK stocks were levelled by a 5%-plus drop in the - TopicsExpress

MARKET OVERVIEW UK stocks were levelled by a 5%-plus drop in the price of oil on Monday, overshadowing increased hopes of further stimulus from the European Central Bank (ECB).The FTSE 100 finished flat at 6,501 by the close, erasing gains after hitting an intraday high of 6,542.43 early on.The FTSE went back and forth during the day on Monday, essentially closing where we started. 6500 is a bit of a magnet for price at the moment, Crossing above the level 6550 it can test the level of 6800 with the support of 6400. #Team Market Live 365

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