Continues in February the march of the financial markets which in January recorded five new historical highs for the S&P500 index, six for the Nasdaq 100 while the Euro Stoxx50 exceeded the highest levels since 2007.
Latest stock market news: mid-day performance
Business Squarei scores an increase of around half a point (+ 0.50% to 30.840 points) preceded by Frankfurt +0,8% just a whisker away from the absolute record. The stellar results a Wall Street di Amazon, Apple and Meta they favored a new leap forward for all the stock markets. The combined effect of the quarterly reports of the three big tech companies raises the Nasdaq futures by about 1% before today's open.
Eyes on US occupation
The key event of the day concerns i US employment data leaving at 14.30pm. U.S. job growth is expected to slow marginally in January as the economy's resilience and strong worker productivity have encouraged most companies to retain their workforces.
Tim still shines in Milan, Stellantis races
In Milan it shines Tim +3,5%, among the best blue chips. The first shareholder Vivendi has unearthed the hatchet and is considering entrusting the task to a proxy advisor, probably Georgeson, for the meeting on the renewal of the board of directors in April.
Sale stellantis +2,5% While the debate over support for electric cars is raging. The group's car registrations in Italy grew by 13,1% in January, compared to a 10,6% growth in the market. Stellantis' market share rose to 34,64% from 26,8% in December.
Go ahead too Tenaris +3,1%, slows down instead Eni -0,3%
Ferrari little movement after the leap forward thanks to the arrival of Lewis Hamilton; la Rossa is the most capitalized stock on Piazza Affari at just over 69 billion euros.
Note the setback of Geox -5,5% which recorded essentially stable revenues (720 million, +0,3% at constant exchange rates) compared to the previous year and below expectations. The footwear group also announced that it will present the new 2024-2027 plan during the financial year.
The positive season of BTPs continues
Continue positive season BTP at 3,71%. Foreign investors bought 70,3% of the new 15-year BTP placed on Wednesday via syndication by the Treasury for 10 billion euros. Bank of Italy said it.
Treasury Notes ten-year bonds at 3,89%, from 3,93% the day before. Yields fell despite the ISM manufacturing index rising much more than expected, but the market gave more weight to the signs of crisis coming from regional banks: in case a new crack opened, the Federal Reserve should intervene by providing liquidity.
Gold at 2.055 dollars, fifth day of appreciation.
