Piazza Affari continues to rise cautiously, like the other European stock markets, awaiting indications on monetary policy from the minutes of the Fed and the ECB, which will be published tomorrow and Thursday, and from the final data on January inflation in the Eurozone, also expected on Thursday.
Milan and London rose by 0.1%, Paris by 0.2% while Frankfurt moves against the trend (-0.3%).
Futures are in red on Wall Street, which reopens after Presidential day, on the eve of Ndivia's highly anticipated quarterly report, down in pre-marketing, while Discover Financial Services jumps in the wake of the acquisition by Capital One.
Stock markets also remain worried about the health of China, where the central bank has cut five-year rates by 25 basis points in order to give some oxygen to a struggling economy.
Unipol (+2.1%), Diasorin (+1.5%) and utilities are doing well in Piazza Affari, led by A2A (+1.2%), Enel (+1%), Hera (+0 .9%) and Snam (+0.9%).
Generali is lively (+0.5%), which has seen the Crt Foundation rounding its share to 2%, Nexi has made little move (-0.1%) and is negotiating with the unions for an agreement on around 400 incentivized and voluntary exits in Italy.
On the other hand, Iveco (-2.8%), Tenaris (-1.4%) and Tim (-1.4%) performed poorly, following yesterday's run in the wake of a Bofa report.
Banking sectors are weak, led by Bper (-1%) and Mps (-0.6%), of which the Treasury can start selling shares again after the end of the lockup period, and savings managed with Banca Generali (-1.2% ) andMediolanum (-0.6%).
Bonds also moved little, with the BTP-Bund spread essentially unchanged at 148 basis points while yields fell slightly, with those of the Italian 10-year bond dropping 3 basis points, to 3.86%.
On the energy front, oil is weak, with WTI falling by 0.4% to 78.83 dollars per barrel, while European gas (Ttf) advances by 1.5% to 24.1 euros per megawatt hour.
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