FTSE 100 Climbs Nearly 0.5% as Miners Lead Gains

London’s FTSE 100 Index advanced nearly 0.5% on June 2, 2026, with mining stocks driving the gains, as commodity prices firmed and broader risk appetite improved. At 11:00 UTC, the benchmark was up 42 points to 8,198, led by a rally in heavyweight resource shares. Rio Tinto and Glencore each rose more than 1%, supported by a rebound in copper and iron ore prices. Anglo American added 0.8%. The move lifted the basic resources sector to the top of the FTSE 350 leaderboard for the session. The pound traded flat against the dollar at $1.2750, offering no immediate currency headwind. Market sentiment drew modest support from easing European bond yields and steady crude oil prices. Trading volumes remained light, reflecting investor caution ahead of key U.S. factory orders data later in the day. Still, the advance positions the FTSE 100 for a second consecutive positive session after last week’s modest losses.