Bearish
FTSE 100 closes at 10,498.53, down 0.4% amid rising oil prices and bond yields
The FTSE 100 declined by 0.4% to 10,498.53 points, influenced by climbing oil prices and surging bond yields. These factors heightened investor caution, particularly affecting banking stocks.
Key points
- Banks lead FTSE 100 lower as gilt yields, oil prices climb
- FTSE 100 trades higher ahead of rates decision; Renishaw soars on increased guidance
Sources
AI-generated from public news sources. Not financial advice.
