FTSE 100 LIVE: Stocks mixed as Gaza ceasefire plan approved by Israel

The FTSE 100 (^FTSE) dipped slightly and European stocks headed higher in early trade on Friday, pointing to a mixed session as traders digest news that Israeli government officials approved US president Donald Trump's peace plan for the ongoing war in Gaza.

Under the agreement, there will be a ceasefire and Israel's military will partially withdraw from Gaza, while humanitarian aid will be given full entry. There will also be a release of all the Israeli hostages, alive and dead, being held by Hamas.

Oil prices are typically sensitive to geopolitical changes in the middle east. Brent crude (BZ=F) futures dipped about 0.6%, to the $64.85 per barrel mark, while West Texas Intermediate (CL=F) futures lost 0.6%, to trade around the $61.20 mark.

London's premier index was about 0.1% lower on Friday morning, with mining stocks such as Antofagasta (ANTO.L), Endeavour (EDV.L) and Fresnillo (FRES.L) the biggest drag on the index Over in Germany, the DAX (^GDAXI) ticked up 0.2% France's CAC 40 (^FCHI) rose 0.2% after a week of political upheaval. French president Emmanuel Macron could nominate a new minister in the next 48 hours, said outgoing PM Sebastien Lecornu The pan-European STOXX 600 (^STOXX) hovered just above the flatline The pound dipped slightly against the dollar (GBPUSD=X), now trading below the $1.33 mark

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Advanced ChartLIVE6 updates

8 mins ago

Lucy Harley-McKeown

UK recruitment wanes as wage growth softens

A new KPMG and REC report has a few key takeaways on the UK jobs market:

Companies are recruiting for fewer permanent positions Wages are stagnating Candidate supply has risen rapidly

Jon Holt, Group chief exec and UK senior partner at KPMG, said:

“The jobs market has not yet turned a corner and remains tough, but we saw stabilisation in some of the numbers last month. While the public finances provide little room for manoeuvre in November, some clear signals from the Chancellor that build on business confidence will hopefully support renewed hiring as we head into 2026.” 12 mins ago

Lucy Harley-McKeown

FTSE 100 risers and fallers Today at 7:17 AM UTC

Lucy Harley-McKeown

US stock futures chart Today at 7:17 AM UTC

Lucy Harley-McKeown

US stock futures tread water

US stock futures trod water on Friday in the wake of a retreat from record highs, as data-starved investors waited for a reprieve from the government shutdown and for earnings season to provide inspiration.

Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) all hovered just above the flat line.

The shutdown entered its ninth day on Thursday, with lawmakers still unable to agree on a funding bill. The Senate failed for a seventh time to advance stopgap measures. However, change may be coming as some Republican lawmakers signalled willingness to negotiate on the healthcare subsidies Democrats insist on saving as a condition of reopening the government.

Looking ahead, the University of Michigan's consumer sentiment reading is due Friday morning at 3pm UK time. Today at 7:14 AM UTC

Lucy Harley-McKeown

UK retail footfall dips in September: BRC

Low consumer confidence ahead of a potential tax-rising Budget kept many shoppers away from retail locations in September, according to latest figures.

Tube strikes in London, heavy rainfall in the first half of September and Storm Amy towards the end of the month exacerbated the decline, the British Retail Consortium (BRC) said.

Total UK footfall was down by 1.8% in September on a year ago, significantly more than the 0.4% decline registered in August, BRC-Sensormatic data shows.

High street footfall decreased by 2.5% year on year in September while visits to retail parks and shopping centres were down 0.8% and 2% respectively.

Footfall fell year on year across all nations again, down 0.5% in Northern Ireland, 1.8% in England, 2.3% in Scotland and the largest decrease of 2.5% in Wales.

Read more on Yahoo Finance UK Today at 7:12 AM UTC

Lucy Harley-McKeown

Good morning!

Hello from London. Lucy Harley-McKeown here, ready to bring you the markets and economics news of the day.

Key data from the UK today includes the British Retail Consortium retail footfall report and the REC jobs report.

In terms of earnings, updates are due from Hays (HAY.BE) and Porsche (PAH3.DE).

Let's ge

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