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Prices quoted by IG Index suggest the FTSE-100 could fall over a 100 points after a volatile night of trading in London follows panicked selling late yesterday in New York.
Long before Balotelli was the problem — the excuse — there was that volatile night in Munich when Mancini had a public falling out with Carlos Tévez.
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Reports from Ukraine led to a volatile afternoon in the DAX on Thursday and today indications that Russian troops are again on the move saw the index dive below 9300 once again.
But after a volatile morning, most market indexes reversed losses and leapt out of the minus column around lunchtime in New York, with the Dow Jones Industrial Average rising 96 to 9378 and the S&P 500 adding another 12 to 1277.
The Nasdaq Composite Index was particularly volatile during morning trading.
Shares of XM were volatile during afternoon trading, dropping down 2.4%, or 22 cents, at $8.85, in the last hour of daytime market activity.
Overall the FTSE 100 is now up 31.31 points at 6862.10, but the day is likely to be volatile ahead of this evening's US Federal Reserve meeting.
The Dow Industrial Average also dipped in early morning trading, but was less volatile in the afternoon than the Nasdaq.
The drone strike took place at 11 30 p.m. on Thursday, according to the official of the tribal administration, who noted that it was very unusual for people to move in the volatile region at night.
Manoj Lodwa at ETX Capital said: A volatile start for equities this morning as the FTSE dropped sharply on the open.
Nonetheless, trading was volatile, as by the late afternoon, the three major indexes were mixed.
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