This morning, the blue-chip index was up 0.5%, led by banks and commodity stocks. Three also jumped 4.7% after it forecast annual earnings "significantly above" estimates. However, Associated British Foods dropped 3.1% on weak results for its Primark fashion business.
However, warnings of a bumpy autumn on markets are multiplying: Investors remain cautious as concerns over growth linger, while inflation remain high.
Things to read:
Food price inflation heaps pressure on poorer countries (Financial Times)
U.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn (Wall Street Journal)