Stock market: Europe mixed after Wall Street and inflation

Steel, Rocco Palombella:

(ANSA) – MILAN, NOVEMBER 10 – European stock markets continue mixed after the start of a decline in Wall Street and inflation in the United States. Investors fear a slowdown in global growth, while the next moves by central banks remain central. In the Old Continent, the trend of the pandemic is also holding on with the fear of a fourth wave of infections.

The stoxx 600 area index fell 0.1%. Paris (-0.3%) and Frankfurt (-0.1%) are down, while Milan is up (+ 0.1%) while London and Madrid continue to rise (+ 0.5%). The price lists are weighed down by information technology (-1.6%) and luxury (-2.1%).

Energy rose (+ 1.3%), with the price of WTI oil falling to 84.03 dollars a barrel and brent rising to 84.81 dollars. On the currency front, the euro falls against the dollar to 1.1564.

Mediaset flies to Piazza Affari (+ 6.4%), after the accounts. Tim (+ 2.1%) and Nexi (+ 2.5%) are also tonics. Utilities increased including A2a (+ 1.4%), Terna (+ 1.3%) and Snam (+ 1.1%). Positive Leonardo (+ 1.2%) and Stellantis (+ 1.3%). At the bottom of the main list Stm, Banca Generali and Moncler (-2.2%). Amplifon is also bad (-2%). The spread between BTP and Bund continues at 117 points, with the Italian ten-year yield at 0.89%. (HANDLE).

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Source From: Ansa

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