The new UK Prime Minister Liz Truss unveiled a £150m scheme that will implement 2-year energy price caps. This boosted energy and utility stocks, and the FTSE 100 ended the session 0.3% higher.

Today, the index is up 1.4%, still lifted by commodity stocks, including oil majors BP Plc and Shell, as well as miners in the wake of a rise in metal prices.

Queen Elizabeth, Britain's longest-reigning monarch, passed away Thursday at the age of 96, in Balmoral.

 

Things to read today:

Elizabeth II: an appreciation by Simon Schama (Financial Times) 

Queen Mourned Globally as a Stabilizing Force in Tumultuous Age (Bloomberg)

A Woman Who Embodied the Myth of the Good Monarch (NY Times)