FTSE 100 edges higher as WH Smith profit warning unsettles markets
June 10, 2026, 1:01 PM EDT. The FTSE 100 rose 0.3% to 10,254.81 on Wednesday, outperforming US and European peers despite ongoing Middle East tensions and a US inflation surge. The US consumer price index rose 4.2% year-on-year in May, driven by steep energy price increases, marking the highest inflation in three years. The Bank of Canada held rates at 2.25%, citing concerns over geopolitical instability. WH Smith shares dropped sharply following a profit warning, spotlighting company-specific risks amid broader market gains. European markets fell, with Paris down 0.5% and Frankfurt down 1.0%, while US indices closed lower amid inflation worries and geopolitical tensions.
