(ANSA) – MILAN, 08 JUN – European stock exchanges widen the decline after the negative start of Wall Street. The negative mood returns to the markets after a series of macroeconomic data and fears about the trend of economic growth. Investors are looking at upcoming ECB decisions and US inflation data, coming later this week.
The Stoxx 600 area index fell 1%. Negative performance for Paris (-1.2%), Frankfurt (-1%), Milan (-0.9%), Madrid (-0.3%) and London (-0.4%). The lists are weighed down by banks (-0.8%), with the thud of Credit Suisse, utilities (-1.2%), with the price of gas falling. In Amsterdam, prices fell to 78.67 euros (-1.3%), in London to 130 pennies per Mmbtu (-4.4%). Tlc is also bad (-1.2%) while energy is positive (+ 0.3%), with oil raising its head. WTI rises to 120 dollars per barrel (+ 0.6%) and Brent to 121 dollars (+ 0.9%).
Bper’s sprint continues in Piazza Affari (+ 2.9%). Ferrari (+ 1.4%) and Stellantis (+ 1%) also did well. Fineco (-2.6%) and Banca Generali (-2.4%) are slipping. Nexi is also bad (-1.8%), while the purchase of Intesa Sanpaolo payment units (-0.4%) in Croatia is about to close. The spread between BTPs and Bunds stood at 203 basis points, with the Italian ten-year yield at 3.38%. (HANDLE).
Source: Ansa
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