Stock Market Today December 5nd: European stock markets are not affected by the French political crisis and all close in positive territory. no confidence in the government led by Michel Barnier did not shake the stock markets, with the FTSE MIB in Milan leading at 34.626,28 points (+1,59%), thanks to the banks (above all UniCredit, +5,03% and Bper, +4,52%) and the brilliant performances Team +4,45% and stellantis which benefits from the confirmation of the 2024 guidance and optimistic outlook for 2025, but also of an agreement for a reduced severance pay for Carlos Tavares (according to the Financial Times). In red Prysmian, Cucinelli and Recordati.
In addition to Milan, the best place of the day is Madrid, +1,59%. Paris, awaiting the new prime minister, closes positive (+0,36%). London also does well, +0,16%, Amsterdam, +0,31% and Frankfurt, +0,82%.
Despite the rise in stock prices, the macroeconomic data They point to some difficulties: in France, industrial production fell in October, while in Germany industrial orders fell by 1,5% on a monthly basis, despite recording an annual increase of 5,7%.
Lo spread between BTP and German Bund fell to 109 basis points (-5,92%), with the yield of the Italian 3,2-year bond at 2,11%, while the German bond rose to 78%. The French 2,9-year bond also saw a drop in its spread with the Bund, closing at XNUMX basis points, with a yield of XNUMX%.
Overseas remains tarnished Wall Street, which is slightly down at midday after closing its third consecutive record session yesterday.
Record for the Bitcoin which surpasses $100 for the first time, driven by expectations of crypto deregulation under the Trump administration and the possible Paul Atkins Appointed to SEC, a big supporter of cryptocurrencies.
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