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Stock market: Europe on the rise Wall Street, Milan +0.3% - Breaking news

2024-03-07T15:46:27.722Z

Highlights: Stock market: Europe on the rise Wall Street, Milan +0.3% - Breaking news. The day after the hearing of the president of the Fed, Jerome Powell, the ECB's decision arrived which left rates unchanged. The markets welcomed the words of the President of the European Central Bank Christine Lagarde on inflation and growth. The main lists are supported by pharmaceuticals (+2.4%) and technologies (+1.7%). Utilities are growing (-0.1%) with the price of gas rising to 26.3 euros per megawatt hour.


European stock markets continue positive after the start on Wall Street. The day after the hearing of the president of the Fed, Jerome Powell, the ECB's decision arrived which left rates unchanged. (HANDLE)


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

The day after the hearing of the president of the Fed, Jerome Powell, the ECB's decision arrived which left rates unchanged.

The markets welcomed the words of the President of the European Central Bank Christine Lagarde on inflation and growth.


    Madrid (+1.3%), Paris (+0.7%), Frankfurt (+0.5%), Milan (+0.3%) and London (+0.2%) are in positive territory.

The main lists are supported by pharmaceuticals (+2.4%) and technologies (+1.7%).

Utilities are growing (+1.6%), with the price of gas rising to 26.3 euros per megawatt hour.

Insurance companies were positive (+0.8%) while banks showed little change (-0.07%).


   Energy is weak (-0.1%), with the price of oil falling.

IlWTI drops 1% to 78.3 dollars a barrel.

Brent lost 0.9% to 82.2 dollars.


    Government bond yields reduce the decline.

The spread between BTPs and Bunds recorded a slight increase to 131 points, with the yield on the Italian ten-year falling to 3.60% and the German one to 2.30%.


    Amplifon's run continues in Piazza Affari (+5.5%), after last year's record figures.

Saipem (+3.7%) and STM (+2.6%) are also running.


   Tim is heavy (-11.6%), with the stock market's doubts about the new strategic plan.

Azimut (-4%), Nexi (-3.1%) and Pirelli (-2.5%) also performed badly after last year's results.


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Source: ansa

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