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Stock Market Today, December 5th: Europe and Wall Street Rise After US Inflation. Stellantis Continues to Rise in Milan – LIVE

In Milan, attention is on MPS on the day of the Lovaglio board meeting, while Eni is down. US inflation is up 2,8% annually. Netflix plunges after the Warner Bros. deal.

Stock Market Today, December 5th: Europe and Wall Street Rise After US Inflation. Stellantis Continues to Rise in Milan – LIVE

Le European stock exchanges close cautiously as Wall Street moves higher after the data on theUS PCE inflation rose 0,3% in September and 2,8% on an annual basis. This is a decisive figure for defining the orientations of the Federal Reserve ahead of next week's summit. The market currently considers a new interest rate cut of 25 basis points, according to calculations by Cme FedWatch.

A Business Square stand out Diasorin and Amplifon. It still goes up Stellantis, also helped by a report from analysts at Dz Bank who raised their recommendation on the stock to "buy" from the previous "sell". Purchases also on STM, TIM and INWIT, while at the end of the basket there is Eni, penalized by JP Morgan which lowered its rating on the shares to “underweight” from the previous “overweight”.

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Also in red Moncler, Leonardo (despite rumours of an order coming from Nigeria) and Italgas. Eyes on Ps on the day the board of directors will examine the fallout from the investigation on the climb of Mediobanca (both stocks are trading slightly lower).

On the foreign exchange market, theeuro folds marginally against the dollar. Little moved it yen despite rumors of a possible rate hike by the BoJ. On the front of theenergy, the price of the is on par Petroleum. The price of the European gas. Finally, the price of the .

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