Tuesday Morning Markets: FTSE 100 Holds Steady 

The FTSE 100 has edged up 0.3% on Tuesday, maintaining its composure as investors digested a steady stream of data from the continent. 

Mid-caps lagged, with the FTSE 250 dipping 0.2%, while European peers posted modest gains, with the DAX and CAC 40 each adding 0.6%, and the Euro Stoxx 50 rising 0.7%.

FTSE 100 Top Risers

ConvaTec (+3.53%) is the morning’s standout performer, while Scottish Mortgage Investment Trust (+2.45%) continues to benefit from Friday’s blockbuster SpaceX IPO. 

The Baillie Gifford-managed trust holds SpaceX as one of its largest private positions, and the public listing has allowed the market to put a fresh, higher valuation on that stake. SpaceX shares are up around 10% premarket on Tuesday.

BAE Systems (+2.09%) has had a slight bounce after Monday’s decline despite the Iran peace deal narrative. 

The stock is attracting buyers who see long-term structural demand regardless of any single diplomatic development.

FTSE 100 Top Fallers

Rentokil Initial (-1.89%) is the session’s biggest decliner, while Associated British Foods (-1.53%), the Primark owner, has slipped amid news that the UK Competition and Markets Authority has cleared its proposed acquisition of bread manufacturer Hovis.

Burberry (-1.43%) also remains under pressure.

Rathbones Shares Plunge 

In the FTSE 250, Rathbones Group is among the sharpest fallers in London this morning after the wealth manager revealed a regulatory review had uncovered shortcomings in its Consumer Duty compliance.

Debenhams Group Slides on Weak Trading Update

Debenhams Group, the online fashion retailer formerly known as Boohoo, is also under pressure after releasing its results for the year ended 28 February 2026.

Key Data to Watch Today

While the economic calendar is thin today, with just US preliminary building permits and housing starts data for May due later today, Wednesday will be key, with UK inflation data and the Fed interest rate decision to be released.