Le European stock exchanges closed the weekend session down, on a Friday characterised by options and futures expiration, also known as “witches' day”. The markets' attention is focused on theUS economic growth trend, while Donald Trump Urges Fed to Cut Rates and threatens new duties. While in, Wall Street continues to travel in negative territory and is on its way to Longest streak of weekly declines since 2022.
In Europe, markets continued their decline, with Frankfurt marks worst performanceand of the day (-0,76%), after the vote of the German Federal Senate Constitutional changes needed to unlock defense investment, in infrastructure and in the Laender. The Bundesrat vote comes after the green light from the Bundestag last Tuesday. Also Paris e Milan closes in negative territory, respectively with -0,63% and -0,39%. Piazza Affari however resists and remains above 39 thousand points. The only exception is Madrid, which recovers in the final and finishes slightly above par (+0,2%).
Down too London where, on the day a fire broke out at theHeathrow International Airport, the crash of Iag, the holding company that includes British Airways.
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A Business Square, between banks there is contrast Bpm bank, +1,45% leading the increases. It falls Ps. For Rocca Salimbeni the countdown has started for the shareholders' meeting, set for April 17, called to approve the capital increase to serve theOps launched on MediobancaOn the other hand, the shares of the luxury, Moncler a cucinelli up to even Ferrari.
Sale Generali (+0,22%), at its highest level since October 2007, awaiting the minority list for the renewal of the board of directors that can gather the support of institutional investors and equity funds. Assogestioni. In reverse Leonardo on uncertainties linked to the results of the European summit.
After the sudden slowdown on the eve, it continues to lose stmicroelectronics, also affected by the Resignation of Maurizio Tamagnini by the Supervisory Board. The black jersey of the day, however, goes to nexi, -4,88%.
Always under the lens the Turkish stock exchange which leaves almost 8% on the ground after theIstanbul Mayor Arrested, main opponent of Erdogan, and street protests. Also decreasing are the raw material. Finally for the changes, theeuro flexes and trades at $1,0829.
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