FTSE 100 Opens Higher as Banks Rebound and Trade Hopes Lift Mood
The FTSE 100 opened 0.5% higher at 9,396.84, driven by a rebound in banking stocks and optimism over US-China trade talks.
- Financial stocks led the gains, with:
- HSBC up 1.7%
- Standard Chartered rising 2.1%
- Lloyds adding 1.4%
- Barclays climbing 1.5%
- Defence shares also attracted attention, with:
- Babcock jumping 2.9%
- BAE Systems gaining 1.5%
- Rolls-Royce adding 2.8%
- European defence names followed suit, including:
- Rheinmetall in Frankfurt climbing 4.4%
- Leonardo in Milan up 3.2%
- Safran in Paris rising 2.1%
Author's summary: FTSE 100 opens higher on banking rebound.
More News
- Mikie Sherrill Elected Governor of New Jersey - The Montclarion
- Why Are Some European Drug Gangs Burying Cocaine Instead of Selling It?
- Democrats pick up seats in both Suffolk and Nassau legislatures
- Vintage Blakeman – your man in NYC
- The story LI's election numbers tell so far
- AP Race Call: Minneapolis mayor's race advances to ranked choice voting
- Suffolk voters [reject/approve] ballot measure extending length of county legislative terms
- Famous birthdays for Nov. 5: Kris Jenner, Tilda Swinton - UPI.com
- Mamdani prevails in New York City mayoral race
- Controversy: Did the BBC manipulate Trump's speech?