The UK market's benchmark index FTSE 100 gained modest ground in positive territory Friday morning despite lingering concerns about Middle East tensions, and reports saying Hezbollah has rejected a new ceasefire agreement with Israel.
According to reports, the Israel Defense Forces (IDF) eliminated Hezbollah's engineering unit commander Abed Harb, escalating tensions.
Meanwhile, investors await U.S. non-farm payroll data for the month of May, due later in the day.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.