Stock market: Europe down pending Powell, spread at 197 points

(ANSA) – MILAN, JUN 23 – New European stock exchanges all in red after a slight improvement at mid-day pending the intervention of the Fed president, Jerome Powell at the Joint Economic Commission, in Washington. The area index, the stoxx 600, drops half a point with real estate, financials and industrials under pressure.

Among the individual squares, Frankfurt is the worst and leaves 1.2%.

The decreases in Paris (-0.32%), London (-0.53%) and Milan (-0.26%) were more contained. The spread rises to 197 points with the Italian ten-year yield at 3.4%. Oil fell as much with the wti (105 dollars a barrel -0.4%) as with the brent (111 dollars a barrel -0.3%). On the other hand, gas rises and in Amsterdam travels at over 133 euros per MWh (+ 2.7%). (HANDLE).

Source: Ansa

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