Market reports from ShareCast
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Europe close: Stocks fall on UK political turmoil, oil prices
Tue 12 May 2026 17:21
(Sharecast News) - European shares closed lower on Tuesday as political pressure on UK prime minister Sir Keir Starmer hit London assets, while renewed doubts over the fragile US-Iran ceasefire pushed oil prices higher.
London close: UK stocks erase early losses, but uncertainty limits upside
Tue 12 May 2026 16:41
(Sharecast News) - Further gains in the price of oil and worse-than-expected US inflation data hit risk appetite across global stock markets on Tuesday, though London's FTSE 100 managed to erase most of its earlier losses by the close of play.
Europe midday: Shares down, UK bonds rise as Starmer refuses to quit
Tue 12 May 2026 11:36
(Sharecast News) - European shares were lower at midday after embattled UK Prime Minister Keir Starmer refused to resign, despite calls from his own ministers for the unpopular leader to stand down, sending bond yields higher and the pound lower.
London midday: Stocks stay down, borrowing costs surge as Starmer refuses to resign
Tue 12 May 2026 10:48
(Sharecast News) - London stocks were still down by midday on Tuesday, while borrowing costs surged after UK Prime Minister Keir Starmer said he would not quit despite growing calls for his resignation, and as hopes of a peace deal between the US and Iran
London open: FTSE slumps as US-Iran peace hopes fade, amid UK political woes
Tue 12 May 2026 08:20
(Sharecast News) - London stocks slumped in early trade on Tuesday as hopes of a peace deal between the US and Iran faded, and as UK prime minister Keir Starmer was set to hold a cabinet meeting among growing calls for him to quit.
London pre-open: Stocks to fall as US-Iran peace hopes fade; Starmer on the brink
Tue 12 May 2026 07:40
(Sharecast News) - London stocks were set to fall at the open on Tuesday as hopes of a peace deal between the US and Iran faded, and as UK prime minister Keir Starmer was set to hold a cabinet meeting among growing calls for him to quit.