Markets were trading within a narrow range on Tuesday morning after finishing at 12-year highs the day before, as traders consider how much further the impressive year-to-date rally has to go.The FTSE 100 finished at 6,755.63 on Monday afternoon, a level not seen since September 2000, while other markets in the US and Europe continue to teeter around all-time highs. In 2013 so far, London's benchmark index has gained nearly 15%.However, given that stocks have been boosted recently by ongoing by central-bank stimulus to kick-start the global economy, traders are likely to be on the cautious side ahead of the minutes of the latest Federal Open Market Committee (FOMC) meeting due out tomorrow, as policymakers continue to discuss a potential "exit strategy" from quantitative easing.Markets on Wall Street finished slightly lower last night - pulling back after hitting intraday record highs earlier in the session - after Charles Evans, the President of the Chicago Federal Reserve, suggested that the Fed should keep monetary policy loose until the recovery in the labour market is seen as sustainable.These comments are in contrast to those made by other Fed member about a potential near-term "tapering" of the government's $85bn-a-month asset purchase programme."Given that Evans is a voting member [of the FOMC], his comments carry much more weight," said Market Analyst Craig Erlam from Alpari."You wouldn't have guessed that from the overall reaction in the markets though. What we saw yesterday was clearly another example of the markets ignoring the news and reacting how they wish," Erlam said."The good news for those who remain bullish equities, is that investors do appear to be moving away from defensive stocks and back into cyclical stocks, which suggests the rally is far from over."FTSE 100: Capita and G4S gain; Carnival sinksOutsourcing group Capita surged early on after being selected by O2 as their preferred bidder to form a 10-year strategic partnership for customer management services. Following the deal Capita has now secured over £2.0bn of major new and extended contracts to date in 2013 and as such expects to achieve greater-than-anticipated organic growth for the full year 2013.G4S, the security firm which dropped earlier this month after giving disappointing guidance on margins, was higher this morning after announcing the resignation of CEO Nick Buckles. He will be replaced by Ashley Almanza, who has been working as CFO for just three weeks.Leading the fallers was cruise operator Carnival after saying that it expects net revenue yields to fall 2-3% this year, worse than the previous target for no change.Burberry, the British luxury brand, this morning hailed a strong performance in Asia which helped drive record annual revenue and profit in 2012/13, with both figures beating analysts' expectations.High Street chain M&S also pleased with its full-year results with a 5.8% fall in underlying profits meeting market forecasts. The company posted flat sales owing as a strong performance in food was offset by weakness in general merchandise.The market reaction to Vodafone's annual figures meanwhile was rather muted, after the company revealed a 4.2% fall in revenues as sales in Southern Europe continue to struggle.FTSE 100 - RisersCapita (CPI) 1,015.00p +6.95%Polymetal International (POLY) 648.00p +5.02%Fresnillo (FRES) 1,080.00p +4.45%Antofagasta (ANTO) 964.00p +4.10%Rio Tinto (RIO) 3,009.00p +3.63%Glencore Xstrata (GLEN) 347.00p +3.60%Anglo American (AAL) 1,601.00p +3.09%Randgold Resources Ltd. (RRS) 4,832.00p +2.90%BHP Billiton (BLT) 1,978.00p +2.75%Marks & Spencer Group (MKS) 451.60p +2.52%FTSE 100 - FallersCarnival (CCL) 2,100.00p -12.86%Royal Bank of Scotland Group (RBS) 345.40p -1.85%GKN (GKN) 305.70p -1.16%AstraZeneca (AZN) 3,351.50p -1.15%William Hill (WMH) 445.20p -1.07%British Land Co (BLND) 651.00p -1.06%TUI Travel (TT.) 368.80p -0.91%Standard Chartered (STAN) 1,611.50p -0.89%British Sky Broadcasting Group (BSY) 800.00p -0.81%Land Securities Group (LAND) 986.50p -0.75%FTSE 250 - RisersInmarsat (ISAT) 700.00p +5.11%New World Resources A Shares (NWR) 116.00p +4.79%Ophir Energy (OPHR) 400.80p +4.62%Kazakhmys (KAZ) 367.00p +4.35%FirstGroup (FGP) 162.20p +4.24%Homeserve (HSV) 235.00p +3.52%NMC Health (NMC) 301.90p +3.39%Morgan Advance Materials (MGAM) 294.20p +3.23%Centamin (DI) (CEY) 40.10p +3.16%Hochschild Mining (HOC) 256.70p +3.09%FTSE 250 - FallersBwin.party Digital Entertainment (BPTY) 136.70p -4.61%Telecom Plus (TEP) 1,239.00p -3.58%Paragon Group Of Companies (PAG) 338.90p -2.11%Domino's Pizza Group (DOM) 684.00p -1.01%Brewin Dolphin Holdings (BRW) 207.70p -0.95%Ted Baker (TED) 1,412.00p -0.91%Regus (RGU) 170.00p -0.87%Anite (AIE) 126.70p -0.78%Home Retail Group (HOME) 154.20p -0.71%Pennon Group (PNN) 715.00p -0.63%BC