Markets: Barclays bounces back on broker note BARCLAYS was one of the top risers among Britain's blue chip firms as positive broker comment offset the latest revelations on the Libor scandal. Analyst Ian Gordon, of Investec, said Barclays had become his "top pick" in the UK banking sector since the rate-rigging fines and subsequent fall-out lowered its share price. "Regulators" testimonies to the Treasury select committee remain compulsive viewing for some, but are essentially backward-looking and substantially divorced from the Barclays investment case today," he said. Shares in the bank climbed 1.3p to 159p, on a day when the FTSE 100 Index was depressed by the lack of news on further quantitative easing from the US and lost 33.3 points at 5,629.1. Other banking stocks fell despite stronger-than-expected earnings from US giant Gold-man Sachs. HSBC was down 9.4p at 547.4p after its head of compliance resigned as it emerged the bank had exposed the US to billions of pounds worth of money laundering, drug trafficking, and terrorist financing. Beleaguered security firm G4S suffered another 6 per cent drop in its share price on the day that its boss admitted its reputation lay in tatters. The company's shares dropped 14.6p to 240p as chief executive Nick Buckles told MPs that the episode had been a "humiliating shambles." The group has now seen more than £700 million wiped off its value in the last week. In the FTSE 250, chip designer CSR surged 34 per cent after it sold its mobile phone arm to electronics giant Samsung in a deal worth £198m. Shares rose 73.7p to 292p. Wolfson Microelectronics, which supplies components to Samsung, added more than 5 per cent on the news, up 11p at 208p. NEW YORK: Wall Street rose after Coca-Cola and Goldman Sachs joined the growing roster of S&P companies that beat profit forecasts and as Federal Reserve chairman Ben Bernanke left the door open to more stimulus. The Dow Jones industrial average was up 78.11 points, or 0.61 per cent, to close at 12,805.32 while the Standard & Poor's 500 Index closed up 10.02 points, or 0.74 per cent, at 1,363.66. The Nasdaq Composite Index was up 13.10 points, or 0.45 per cent, at 2,910.04.