FTSE 100 Snaps Seven-Day Winning Streak as US-Iran Airstrikes Rattle Markets
📉 LONDON — FTSE snaps a seven-day rally on the first confirmed strike exchange. 📌 LOOK CLOSER: Seven consecutive gains priced in diplomatic progress; one airstrike exchange erased that premium instantly. FTSE is the canary — European equities absorbed war optimism faster, so they correct harder. UK-listed energy majors and airlines face simultaneous margin pressure. The rally's collapse signals markets no longer believe the MOU timeline.