Le European stock exchanges they close February in no particular order, amid fears over the strength of the tech rally linked to theartificial intelligence and US data on producer prices, higher than expected, which cools hopes of further rate cuts by the Federal Reserve.
A Milan The FTSE MIB closed at 47.209,89 points (-0,45%), weighed down by the banking sector. At the bottom of the list Ps (-6,76%) And Mediobanca (-6,24%), following the Prime Minister's statements Giorgia Meloni on the government's withdrawal from the Sienese bank. Also under pressure Bpm bank (-3,02%) And Banca Popolare di Sondrio (-2,8%).
Among the increases, the following stand out: Saipem (+ 2,61%), Stellantis (+ 2,4%), Prysmian (+ 2,35%) and A2a (+2,18%). Remaining in the background are the MPS's 2026-2030 business plan, with the integration of Mediobanca and synergies estimated at 700 million, and macroeconomic uncertainty following the 0,5% increase in US producer prices in January, above expectations.
READ MORE Asia and Europe close the month ahead of the US di G. Bruschi
Il Petroleum WTI rises to 65,69 dollars per barrel (+0,7%), gas drops to 31,79 euros/MWh (-1,1%), while the spread BTP-Bund remains stable at 62 points with a 10-year yield of 3,30%. Gold slightly up, supported by a cautious climate.
