Woww Finally S&P 500 Hits 1,500 for First Time in five Years, Financials Fall but FTSE Beats 6,200

Finally S&P 500 hits 1,500 for first time in five years, US equity markets turn higher, shrugging off a sharp slide in Apple shares, which sell off following disappointing earnings, Wall Street's S&P 500 breaches 1,500, Manufacturing figures point to further acceleration of China's recovery, but technology stocks come under pressure after Apple's disappointing results

Japanese Yen undermined by record export gap, The dollar climbs against the yen after Japan reveals a record trade deficit as traders watch for signs of recovery from manufacturing data

From FTSE's latest update, Financials fall but FTSE beats 6,200, Banks fall on London's main index as traders react to news that mid-cap broker ICAP is drawn into the Libor rate manipulation investigation

Meanwhile, Delta's oil refining efforts hit turbulence, Attempt to cut fuel bill by buying mothballed refinery instead adds $63m in costs in its first full quarter back in operation, due to superstorm Sandy