Today: 5 June 2026
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LSE:ITK 17 February 2026 - 30 April 2026

FTSE 100 Today: Why UK Stocks Are Barely Moving as DCC, Unilever and the BoE Dominate London Trading

FTSE 100 Today: Why UK Stocks Are Barely Moving as DCC, Unilever and the BoE Dominate London Trading

The FTSE 100 rose 0.10% to 10,222.85 in early London trading, recovering after a 1.2% drop on Wednesday. DCC shares fell 5% after rejecting a £4.95 billion takeover bid from KKR and Energy Capital Partners. Unilever began a €1.5 billion share buyback and posted 3.8% underlying sales growth. Investors awaited the Bank of England’s rate decision, with no change expected.

Stock Market Today

  • 4 Biotech Stocks to Watch in 2026 Amid Industry Innovation and M&A
    June 5, 2026, 12:54 PM EDT. The biotech sector shows resilience in 2026, driven by innovative drug pipelines, AI integration in drug discovery, and a rebound in mergers and acquisitions. Companies such as Liquidia Corporation (LQDA), Immunome (IMNM), Stoke Therapeutics (STOK), and Immunocore (IMCR) stand out amid ongoing pricing pressures and regulatory challenges. The industry's focus on precision medicine and breakthrough treatments sustains investor interest. Despite higher risks compared to large-cap pharma, biotech firms are expanding through strategic collaborations to address competition and commercialize new drugs effectively. The sector remains pivotal in developing drugs for virology, neuroscience, metabolism, and rare diseases.

Latest articles

Chipotle Up on JPMorgan Upgrade, Tough Test Still Looms

Chipotle Up on JPMorgan Upgrade, Tough Test Still Looms

5 June 2026
Chipotle shares jumped 4.8% to $29.54 after JPMorgan upgraded the stock to Overweight with a $35 target, citing “much more risk-weighted upside than downside” at current levels following a rare valuation reset after a six-day losing streak.
Planet Labs Drops After $1.5 Billion Filing

Planet Labs Drops After $1.5 Billion Filing

5 June 2026
Planet Labs plunged 22% to $33.86 after announcing a $1.5 billion at-the-market share-sale program, sparking dilution fears despite record Q1 revenue up 42% to $94.2 million and raised full-year guidance; analysts remain split, with Needham upping its price target to $53, while the average target sits below the current price even after the drop.
BlackBerry Shares Stall After QNX Push

BlackBerry Shares Stall After QNX Push

5 June 2026
BlackBerry shares plunged 8% after a rapid rally pushed the stock near a 52-week high, with investors now awaiting June 25 earnings to see if growth matches the hype; analyst price targets remain far below current levels, raising risk if QNX or secure communications disappoint.
Mortgage Rates Ease Some, Demand Remains Weak

Mortgage Rates Ease Some, Demand Remains Weak

5 June 2026
U.S. mortgage rates dipped to 6.48% but failed to revive buyer demand, with mortgage applications down 2.5% and purchase applications at their slowest pace since April, as high borrowing costs and tight budgets continue to weigh on the spring housing market despite a 2.4% drop in median list prices, according to Freddie Mac, MBA, and Realtor.com.
Marvell Shares Fall After Strong AI Run, S&P 500 Spot Up Next

Marvell Shares Fall After Strong AI Run, S&P 500 Spot Up Next

5 June 2026
Marvell shares plunged 7.4% to $292.88 amid a broad chip selloff and uncertainty over possible S&P 500 inclusion after the close, despite a recent AI-driven surge and record quarterly revenue; investors are weighing index decision risks and volatile AI sentiment as Marvell’s market cap stays above $260 billion.
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