Le European stock exchanges they remain have the session closed in red, while reducing the losses recorded during the day, amid the push of the sector tech and sales in luxuryTechnology stocks benefited from the positive outlook for Asml and the good performance of American semiconductors, with Nvidia e Texas Instruments in progress. On the opposite front, lvmh disappointed with results below expectations, dragging down the entire luxury sector throughout Europe.
overseas, Wall Street proceeds with a cautious increase, awaiting the decision of the Fed on rates and quarterly of three of the "Magnificent Seven" (Microsoft, Meta, and Tesla), due to be released after markets closed. The first monetary policy meeting of 2026 is expected to keep rates on hold, with a probability greater than 95%. Also weighing on sentiment is uncertainty over the White House, which weakens the dollar, although slightly up today, remains at a four-year low and fuels the rally of thegold beyond the 5.300. More silver is volatile which after having approached the highs then abruptly reversed course.
READ MORE Stock markets await the Fed and the Meta and Tesla accounts. di G. Bruschi
At Piazza Affari, technology stocks are moving in line with the European sector and are seeing stm featured, followed by Tim after the green light for the conversion of savings shares and capital reduction. Also good nexi in view of the Capital Markets Day, Inwit e SaipemBanks are under pressure, the only exception Mediobanca. Eyes instead on PsToday the Board of Directors will decide whether Lovaglio will participate in the vote on the outgoing list. A negative sign, however, for luxury, which is feeling the effects lvmh and the decline of Savior Ferragamo after the publication of the accounts, with sales also hitting Moncler e Brunello cucinelli.
Stable it BTP-Bund spread at 59 basis points, the lowest since 2009, with the yield on the Italian 10-year bond falling to 3,45%.
On the raw materials front, the Petroleum remains at four-month highs, with WTI at $62,47 a barrel and Brent just below $68, while gas European natural gas advances in Amsterdam but remains below 40 euros per megawatt hour.
