FTSE 100

Key insight

10,750 acts as pivot: FTSE outperforms DAX (-0.3%) and CAC (-0.2%) today on oil strength, but a close above the 2026 record near 10,800 is needed to confirm a breakout rather than a double-top.

Holds +0.2% at 10,749 while European peers fall — defensive tilt and heavyweight energy names buoyed by Brent at $102.5, but all-time high near 10,800 caps further gains short-term.

Main risk

Global risk-off / S&P 500 reversal

S&P 500 at 7,652 slipping -0.2%; sustained US equity weakness drags FTSE financials and would retest 10,600 50-day MA.