Rentokil Initial Plc shares rise 1.43% premarket as equity indices remain near record highs.

Rentokil Initial Plc rose 1.43% in premarket trading. The rally on Wall Street since April has almost entirely erased the significant gap that had opened up with a faltering European market over the first half of the year. Both the S&P 500 and the Stoxx Europe 600 are now up between 7% and 8% since the beginning of January. Ahead of the next tariff deadline on 1 August, markets are drawing support from corporate earnings to keep the momentum alive.