FTSE 100 Recovers Slightly on Peace Talks Hopes
2026-06-10 07:25
By
Joana Ferreira
1 min. read
The FTSE 100 rose 0.2% to 10,240 on Wednesday, clawing back a fraction of the 1.4% loss from the previous day but staying near three-week lows.
Investors maintained hope for Middle East peace, even as US and Iran exchanged fresh strikes, casting doubt on a quick resolution.
Optimism persisted following President Donald Trump’s comments that a deal to reopen the Strait of Hormuz was close.
Meanwhile, UK lenders continued to decline, with HSBC down nearly 2% and Standard Chartered falling 1%, after a JP Morgan note highlighted the broader impact of new Chinese regulations.