Weak session in Piazza Affari (-0.28%) while the other European stock markets closed just below parity with Wall Street indices uncertain on the eve of the Fed's decision which should, according to expectations, keep rates unchanged for some time, postponing a cut until next year. Inflation data in the United States in November confirmed the slowdown in price growth but with a stable core index, excluding energy and food.
On Thursday, it will be up to the ECB and the Bank of England to decide on rates.
In Milan, MPS (-2.6%) suffered not only from profit-taking in the aftermath of Monday's favorable ruling but also from confirmation that Banco BPM is not interested in merging with the Sienese bank. The institute led by Alberto Castagna reacted positively to the new plan but reduced its final gain to 1.23%. At the top of the podium were Amplifon (+2.47%) and Azimut (+1.33%).
At the bottom of the main basket behind MPS, on the other hand, Saipem (-2.46%), A2a (-1.82%) and Tim (-1.79%) ended up.
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