Share

Stock Market Today, September 29: Milan Tops Europe's Lowest Stock Market, Weighed Down by Banks, but Cucinelli Rebounds – LIVE

European stock markets closed weakly, with Piazza Affari weighed down by banks and Cucinelli recovering. On Wall Street, Nvidia supported the markets, while gold hit new records on US shutdown fears. Follow the LIVE broadcast.

Stock Market Today, September 29: Milan Tops Europe's Lowest Stock Market, Weighed Down by Banks, but Cucinelli Rebounds – LIVE

A subdued start to the week for the European stock exchanges, with Business Square down 0,2% weighed down by banks, while it rebounds BRUNELLO CUCINELLI After the plunge of recent sessions, investors are eyeing upcoming macroeconomic data—inflation in Germany and the eurozone, the labor market, and ISM indices in the US—as well as the risk of a shutdown in Washington.

A Wall Street the indices are trying to recover after last week's declines, supported by Nvidia e Oracle infrastructures , while enthusiasm for artificial intelligence remains under scrutiny. Economic uncertainty is growing in Europe, with the Commission's index deteriorating in September.

On the corporate front, the spotlight is on Mediobanca e Bpm bank for possible developments in the banking sector and on Stellantis, which appointed Joao Laranjo as its new CFO and confirmed its 2025 guidance.

The gold updates historical records above $3.800 an ounce, in the wake of the weaker dollar and fears related to the US government. Petroleum e gas, however, slightly decreasing.

READ MORE Gold hits new highs as France struggles with deficit di G. Bruschi

comments