Geopolitics Alpha

FTSE 100 snaps four-day winning streak as miners and banks weigh

Published . Updated .

Key takeaways

  • Exposed: PICK, XME, XLF, EWU, RIO
  • Market reaction: PICK −1.3% on the day (still updating); XME −0.2% on the day (still updating); EWU −1.4% on the day (still updating)

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAFTSE 100 snaps four-day winningstreak as miners and banks weighGEOPOLITICS ALPHA

This report is about metals & mining and banks.

Directly affected

  • No company is named in this report.

Indirectly affected

  • PICK iShares MSCI Global Metals & Mining Producers ETF-7.0% 30d

    iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story.

  • XME SPDR S&P Metals & Mining ETF-10.8% 30d

    SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story.

  • XLF Financial Select Sector SPDR-3.1% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story.

  • EWU iShares MSCI United Kingdom ETF-2.0% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“ftse”).

  • RIO Rio Tinto Group

    Rio Tinto Group (metal mining, with business in the UK): miners' profits move with metal prices. Linked by “miners” (metals & mining) in this story.

  • JPM JPMorgan Chase+0.2% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

  • BAC Bank of America-11.5% 30d

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

  • WFC Wells Fargo+3.3% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PICK+2.25%+1.60%base-1.34%after closeafter closeafter close
XME+2.90%+3.46%base-0.25%after closeafter closeafter close
XLF-2.88%-1.05%base-0.68%after closeafter closeafter close
EWU-1.83%-0.75%base-1.36%after closeafter closeafter close
RIO+3.67%+0.68%base-1.01%after closeafter closeafter close
JPM-1.44%+0.85%base-0.81%after closeafter closeafter close
BAC+2.23%+3.18%base+0.33%after closeafter closeafter close
WFC-3.77%-1.28%base-0.90%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

FTSE 100 snaps four-day winning streak as miners and banks weigh Reuters

Source: Reuters

The price since 3 Nov 2026: Ishares Msci Global Metals & Mining (PICK) versus the S&P 500

CompanyWhenMoveStatus
Bank Of America (BAC)that day+0.33%still updating
Bank Of America (BAC)three days earlier+3.18%final price
Bank Of America (BAC)five days earlier+2.23%final price
Ishares Tr (EWU)that day-1.36%still updating
Ishares Tr (EWU)three days earlier-0.75%final price
Ishares Tr (EWU)five days earlier-1.83%final price
Jpmorgan Chase (JPM)that day-0.81%still updating
Jpmorgan Chase (JPM)three days earlier+0.85%final price
Jpmorgan Chase (JPM)five days earlier-1.44%final price
Ishares Msci Global Metals & Mining (PICK)that day-1.34%still updating
Ishares Msci Global Metals & Mining (PICK)three days earlier+1.60%final price
Ishares Msci Global Metals & Mining (PICK)five days earlier+2.25%final price
Rio Tinto (RIO)that day-1.01%still updating
Rio Tinto (RIO)three days earlier+0.68%final price
Rio Tinto (RIO)five days earlier+3.67%final price
Wells Fargo (WFC)that day-0.90%still updating
Wells Fargo (WFC)three days earlier-1.28%final price
Wells Fargo (WFC)five days earlier-3.77%final price
Select Sector Spdr Tr (XLF)that day-0.68%still updating
Select Sector Spdr Tr (XLF)three days earlier-1.05%final price
Select Sector Spdr Tr (XLF)five days earlier-2.88%final price
Spdr Series Trust (XME)that day-0.25%still updating
Spdr Series Trust (XME)three days earlier+3.46%final price
Spdr Series Trust (XME)five days earlier+2.90%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Msci Global Metals & Mining (PICK)

Companies mentioned with this story

  • PICK Ishares Msci Global Metals & Mining

    For “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Ishares Msci Global Metals & Mining (PICK) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story

  • XME Spdr Series Trust

    For “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story

  • XLF Select Sector Spdr Tr

    In “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story

  • EWU Ishares Tr

    For “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Ishares Tr (EWU) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“ftse”)

  • RIO Rio Tinto

    In “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Rio Tinto (RIO) is linked, with no stored direction, medium confidence. Reason on file: Rio Tinto Group (metal mining, with business in the UK): miners' profits move with metal prices. Linked by “miners” (metals & mining) in this story

  • JPM Jpmorgan Chase

    For “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “FTSE 100 snaps four-day winning streak as miners and banks weigh.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story

  • WFC Wells Fargo

    For “FTSE 100 snaps four-day winning streak as miners and banks weigh,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story

Ishares Msci Global Metals & Mining (PICK)

On 3 Nov 2026, “FTSE 100 snaps four-day winning streak as miners and banks weigh” is the story that connects Ishares Msci Global Metals & Mining (PICK) to this story.

Ishares Msci Global Metals & Mining (PICK) is on the page because iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story

A second company, Spdr Series Trust (XME), is listed for a different reason: SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “miners” (metals & mining) in this story

Price levels for Ishares Msci Global Metals & Mining (PICK)

PICK traded between 54.38 and 61.57 across 20 sessions. The latest close on file is 56.72. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07. XME traded between 95.15 and 109.02 across 20 sessions. The latest close on file is 97.66.

What the saved facts support for Ishares Msci Global Metals & Mining (PICK)

46 out of 100Price not final

“FTSE 100 snaps four-day winning streak as miners and banks weigh” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.