The Guardian · US news · Original story
Asian stocks fall as US and Iran exchange fire – business live
Rolling coverage of the latest economic and financial news
The industrial and energy company Metlen Energy & Metals is the best performer in the FTSE 100 so far this morning, with its shares up 3.6%. It is followed by Primark owner Associated British Foods, which is up 2.2% and Tesco, which is up 1.8%.
Endeavour Mining, Relx and credit agency data business Experian are the biggest fallers, all down by about 2.3%.
US May inflation data is due out later today, with economists expecting both core and headline inflation to tick up. Consensus is for headline CPI inflation to reach 4.2%, which would be the highest it’s been since April 2023, and following on from strong jobs data would put more pressure on the Fed to think about raising interest rates.
The US central bank is stuck between a rock and a hard place, with the President likely to take a dim view of rate rises, but higher oil prices are steadily pushing up prices across the economy.
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Lauren Almeida · Wed, Jun 10, 2026, 1:17 AM
US news | The Guardian
Rolling coverage of the latest economic and financial news
The industrial and energy company Metlen Energy & Metals is the best performer in the FTSE 100 so far this morning, with its shares up 3.6%. It is followed by Primark owner Associated British Foods, which is up 2.2% and Tesco, which is up 1.8%.
Endeavour Mining, Relx and credit agency data business Experian are the biggest fallers, all down by about 2.3%.
US May inflation data is due out later today, with economists expecting both core and headline inflation to tick up. Consensus is for headline CPI inflation to reach 4.2%, which would be the highest it’s been since April 2023, and following on from strong jobs data would put more pressure on the Fed to think about raising interest rates.
The US central bank is stuck between a rock and a hard place, with the President likely to take a dim view of rate rises, but higher oil prices are steadily pushing up prices across the economy.
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