Oil stocks have surrendered earlier gains as crude oil
prices come under pressure, whilst technology stocks are pressured
after Nokia warned that handset sales will be lower this year than
previously forecast. Stocks are also pressured by the weaker than
expected US retail sales data. CAC-40 is up 22pts (+0.68%), Xetra-DAX is up 78pts (+1.67%), FTSE-100 is up 65pts (+1.57%).