European stocks close higher after the green light from the Bundestag on the reform of the debt brake, which will unlock hundreds of billions for defense and infrastructure investments. Meanwhile, the phone call (which lasted over two hours) between the US president Donald Trump and the Russian counterpart Vladimir Putin on the situation in Ukraine "went well" according to the White House. Bad news instead comes from the Middle East, where during the night Israeli raids ended truce, hitting several areas of the Gaza Strip and killing hundreds of people (provisional toll).
So Europe closes on a positive note: Piazza Affari (+1,31%) at its highest since 2007 (above 39 thousand points), driven by the exploit ofthe Iveco (+5,2%). The stock is being pushed up by a rumour from Courier, which revealed that the Franco-German alliance Knds, the Czech group Csg and the British giant Bae Systems are interested in the division of the Iveco Defence Vehicles group. Also rising strongly Prysmian (+ 3,62%), Unipol (+ 2,61%) e Leonardo (+ 2,23% . Banks are positive, while at the bottom of the Ftse Mib are placed Telecom Italy (-1,85%), Ferrari (-1,3%) e Terna (-1,08%).
overseas, Wall Street is going down, with investors' eyes also focused on monetary policy. The two-day FOMC meeting starts today, with the Fed which is expected to announce tomorrow that it has left rates unchanged. But investors are waiting for guidance from Chairman Jerome Powell on the state of the economy and the future of rates. The sell-off is hitting the Nasdaq, with Tesla remaining under pressure after suffering another rating cut, this time from RBC Capital Markets. Over the past month, the automaker's shares have lost nearly 33%. The stock of A is in the red, after announcing that it will acquire cybersecurity startup Wiz for about $30 billion, the largest acquisition by Google's parent company, well above the $12,5 billion it spent on Motorola in 2012.
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