Just visit http://www.cityindex.co.uk/spread-betting/ for the latest spread betting news. Here, Fiona Cincotta brings you market insights from the trading floor of City Index on 20th May 2011. Today’s spread betting headlines include:

- FTSE up 27 points at 5983, following overnight gains on Wall Street and in Asia.

- Social networking site Linkedin made a strong market debut in the US yesterday, more than doubling its price.

- BP was upgraded by Investec today and Bank of America yesterday – it’s currently trading up 2.5%.

- No major economic data scheduled to be released in the UK or US today.

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