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Stock market: Europe positive after Wall Street, Milan +0.8% - Breaking news

2024-02-23T15:02:00.004Z

Highlights: European stock markets continue positive after the start of Wall Street. Optimism about global economic growth returns to the markets. On the currency front, the euro rises to 1.0834 against the dollar. Milan rises (+0.8%), driven by banking risk scenarios which see Mediobanca (+4.4%), Generali (+3.2%) and Unicredit (+1.4%) as players. The main price lists are driven by the IT sector, after the announcement of an investment program by Nvidia.


European stock markets continue positive after the start on Wall Street. Optimism about global economic growth returns to the markets, while signs are awaited regarding the easing of monetary policy by central banks. (HANDLE)


European stock markets continue positive after the start of Wall Street.

Optimism about global economic growth returns to the markets, while signs are awaited regarding the easing of monetary policy by central banks.

On the currency front, the euro rises to 1.0834 against the dollar.


    The Stoxx 600 index gained 0.3%.

Milan rises (+0.8%), driven by banking risk scenarios which see Mediobanca (+4.4%), Generali (+3.2%) and Unicredit (+1.4%) as players.

In the Old Continent, Paris (+0.6%) and Frankfurt (+0.2%) are also positive.

Weak Madrid (-0.2%) and London (-0.02%).

The main price lists are driven by the IT sector (+0.6%), after the announcement of an investment program by Nvidia.

There were also purchases for cars (+1.1%), banks (+0.8%), in a context of high interest rates, while insurance companies fell slightly (-0.1%).


    Energy fell (-0.4%), in line with the price of oil.

The WTI falls by 2.2% to 76.9 dollars a barrel.

Brent stands at 82.1 dollars (-1.9%).

Utilities are also down (-0.5%), with the price of gas falling to 23.1 euros per megawatt hour.


    Government bond yields are falling.

The spread between BTPs and Bunds drops to 144 points, with the Italian 10-year rate at 3.83% (-7 basis points) and the German one at 2.39% (-5 points).



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Source: ansa

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