London’s FTSE 100 trades higher despite investor caution following renewed US military action against Iran. Market sentiment is described as wary, with traders monitoring geopolitical developments that contribute to uncertainty for global markets. Against this backdrop, WH Smith becomes the focus after issuing a profit warning that weighs on its share price. The warning undermines confidence in the company’s near-term performance, even as the broader index finds support and ends the session or trading period in positive territory. While the overall market direction is upward, the reports emphasize that gains are not uniform across stocks and that company-specific news can dominate trading. The Independent highlights the link between risk appetite and the geopolitical situation, while Belfast Telegraph’s coverage centers on the combined effect of a rising index and WH Smith’s profit warning. Overall, sources converge on a picture of a market that is edging up but remains sensitive to external shocks and individual corporate updates.