Stock market: positive Europe despite Wall Street, Milan + 0.4%

Setback for employment, forward contracts at the top (ANSA)

(ANSA) – MILAN, 02 JUN – European stock exchanges confirm their cautious rise while Wall Street retreats in light of the data on the American labor market and while Opec + has decided to increase production in the next two months: crude oil, which was in The decline awaiting the outcome of the meeting, instead of losing ground, has canceled the declines and is now gaining (Wti + 0.14% at 111.5 dollars a barrel, Brent + 0.06% at 116.3).

Paris remains the best (+ 1.1%), followed by Frankfurt (+ 0.67%) while Milan struggles more (+ 0.41%) while the BTP-Bund spread widens further (to 203.8 points with yield of the ten-year Italian at 3.24% and that of the Bund at 1.2%. In Piazza Affari Moncler shines (+ 2.9%) with Iveco (+ 1.9%), Saipem remains heavy (-1.67 %). Weak also Terna (-1%) and Hera (-1%). (ANSA).

Source: Ansa

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