Major indices closed higher on Friday, with tech leading a rebound as investors tried to shake off a volatile week marked by rising Treasury yields, firmer oil prices and a pullback in the AI trade.
London stocks rose on Friday as oil prices eased off their highs after Donald Trump said the US would not attack Iran before the midterm elections next month, although telecoms were under the cosh.
European shares rallied on Friday as oil prices eased off their highs following a pledge from US President Donald Trump not to bomb Iran before American midterm elections on 3 November.
US earnings season will get into full swing next week, with banking behemoths JP Morgan, Citigroup and Goldman Sachs all slated to report quarterly numbers.
Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.
FTSE 250 (MCX) 24,231. 30 1. 20% .
Airport and rail food outlet operator SSP Group said it expected full-year operating profit to be slightly lower than expectations due to weaker passenger numbers in North America during the summer.
IG Design Group revealed on Friday that chief financial officer Ari Bensoussan had acquired 465,799 ordinary shares in the AIM-listed stationery firm.
US consumer sentiment slipped slightly in October, according to an advanced estimate from the University of Michigan, easing by 1. 8 points to 46. 3, as modest improvements in year‑ahead expectations were outweighed by weaker views on buying conditions for big‑ticket items.
London’s FTSE 100 was up 1. 2% at 10,566. 48 in afternoon trade on Friday.
Major indices were in the green early on Friday, with tech leading a modest rebound after the previous session's pullback triggered by a disappointing revenue update from OpenAI.
Deutsche Bank lifted its price target on Tesco to 550p from 525p on Friday after the supermarket chain upped the lower end of annual guidance and its share buyback programme a day earlier, as it posted a rise in interim profits.
The share price of Airtel Money fell on its first day of conditional trading in London with the initial public offering of Airtel Africa's mobile financial services business off to a subdued start.
UK consumer confidence edged lower in September as households reported a sharp deterioration in their financial outlook amid persistent inflationary pressures, according to the latest figures from YouGov and the Centre for Economics and Business Research (Cebr).
Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.
Delta Air Lines cut its full-year profit forecast on Friday, pointing to higher fuel prices due to the Iran war.
Wall Street futures were in the green ahead of the opening bell on Friday, with tech leading a modest rebound after the previous session's pullback triggered by a disappointing revenue update from OpenAI.
PARIS, Oct. 8, 2026 /PRNewswire/ -- Ahead of the openings of Frieze London and Art Basel Paris, Artprice announces the publication of its 33rd annual Contemporary Art Market Report, examining a market undergoing profound change.
London stocks were still firmly in the black by midday on Friday as oil prices eased after Donald Trump said the US would not attack Iran before the midterm elections next month, and as investors shrugged off a disappointing revenue outlook from OpenAI.
