FTSE 100 climbs on Glencore, Next earnings and Iran deal hopes

The FTSE 100 index rose 0.12% to 10,892.23 points, driven by strong results and growing expectations for a U.S.-Iran peace deal easing oil-driven inflation concerns.

London's FTSE 100 rose on Wednesday, driven by strong results from Glencore and Next as well as growing ‌expectations for a U.S.-Iran peace deal that could ease concerns about oil-driven inflation.

The blue-chip FTSE 100 index rose 0.12% to 10,892.23 points by 0847 GMT, while the midcap FTSE 250 climbed 0.6% to 24,608.02 points, on track to ‌notch another closing record high.