European stock markets remain sluggish unexpectedly for the start of Wall Street, where futures are little moved.
After last week's strong increases, caution prevails among investors awaiting the macro data arriving in the next few days, including GDP and the US PCE deflator, the Fed's preferred index for measuring price trends, and inflation. 'eurozone.
Milan, Paris and London lost 0.3% while Frankfurt was essentially unchanged.
In Piazza Affari, Moncler (-2.3%), Recordati (-1.6%), Stellantis (-1.6%) and Prysmian (-1.3%) suffer.
Utilities are weak with A2A (-0.7%) and Hera (-0.6%) while on the other side of the list Leonardo stands out (+4.9%), followed by a trio of banks - Bper (+3, 9%), Banco Bpm (+2.4%) and Mps (+1.4%) - from Iveco (+3.2%) and from Tim (+1.2%).
Caution also on government bonds, with the yields of the ten-year BTP rising slightly (+2 basis points to 3.82%), while the spread with the Bund opens by one point, at 144, waiting to listen to the closed markets hearing of Christine Lagardeal European Parliament.
On the energy front, oil also fell (-0.3%), with the WTI at 76.3 dollars and Brent at 81.3 dollars.
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