Market Report - opening

London open: Stocks rally, oil prices fall amid peace hopes

By Michele Maatouk

Date: Wednesday 06 May 2026

(Sharecast News) - London stocks shot higher in early trade on Wednesday, while oil prices fell amid renewed hopes of a potential peace deal between the US and Iran.
At 0850 BST, the FTSE 100 was up 1.3% at 10,356.32, while Brent crude was down 1.6% at $108.16 a barrel after...

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