FTSE 100 Up; Banks and Defence Names Lead in London
The FTSE 100 rose 0.61% to 10,494.21 on Tuesday, led by gains in banks, industrials, and defence stocks as oil prices fell after a U.S.–Iran peace deal. The FTSE 250 slipped 0.15%. BP and Shell declined, while Rolls-Royce and BAE Systems advanced. Investors await UK May inflation data on June 17 and the Bank of England’s rate decision on June 18.