Adding to the good mood today, a survey by research group GfK showed domestic consumer confidence reached its highest level in 15 months in May. It rose by three points to minus 27, up from minus 45 in January.

Industrial metals miners and energy firms overperformed, tracking higher commodity prices

Smiths Group Plc rose 0.7% after raising its guidance due to strong demand.

Things to read today:

Guy Hands Says Poland Will Soon Be Richer Than Britain (Bloomberg)

The U.S. and U.K. Are Split on the Ukraine War (WSJ)