Wall St wipes out FTSE's gains

clock

The FTSE 100 Index ended flat today, down 2.50 points to 5,762 points, after an opening slide on Wall Street wiped afternoon gains.

The index looked on course to end the day slightly higher but US stocks, hit by rising crude prices, edged the market down. British Airways fell 2.08% to 340.50p after oil prices jumped towards the $74 a barrel level, helped in part by further unrest in Nigeria and continuing concerns in Iran. Kazakhmys also dropped 0.22% to 1,119.50p, despite metal prices continuing to firm up. On a more positive note, the rise in oil prices took BP up 0.39% to 636p, while Royal Dutch Shell gained 1.15% to 1,845p. Aviva advanced 0.55% to 736.50p after Goldman Sachs started coverage with “outper...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Big games, big names… and smaller companies

Big games, big names… and smaller companies

'Brazil should be looking to the future rather than to the past'

Gabriel Sacks
clock 22 June 2026 • 4 min read
Why should investors back China in the worldwide robotics race?

Why should investors back China in the worldwide robotics race?

The race to identify Asia's hidden gems

Xin-Yao Ng
clock 19 June 2026 • 5 min read
UK small-caps – down and out or ready for a rope-a-dope?

UK small-caps – down and out or ready for a rope-a-dope?

'Our faith is rooted in our own in-depth research and direct engagement with businesses'

Eustace Santa Barbara
clock 19 June 2026 • 5 min read