Wall Street upbeat after Apple and Morgan Stanley results.

(From Guardian Unlimited)

A relatively firm opening on Wall Street has seen the London market recover from the worst of its falls.

The Dow Jones Industrial Average is up around 20 points in early trading, in the wake of Apple's better than expected figures overnight and a good performance from Morgan Stanley. So the FTSE 100 is now down 38.02 points at 5745.67 have been as low as 5721.28.

Miners are still under pressure following disappointing production numbers and news of a US regulatory probe from BHP Billiton, down 43p at GBP21.73. Rival Rio Tinto is off 72.5p at GBP37.26 while Vedanta Resources has fallen 66p to GBP26.81. Xstrata is 34.5p lower at …