I European lists close a session weak, without having found the afternoon boost hoped for by Wall Street, back to negotiations after yesterday's party and above all after the debt ceiling agreement achieved over the weekend. The agreement lacks the seal of congress and the path could be bumpy. In New York the three main indexes therefore move mixed: the Dow Jones (-0,4%) and the Nasdaq (+0,6%), thanks to the new boom of Nvidia (+5,6%) than at start-up touches for the first time the capitalization of one trillion dollars after trying it a few days ago following record predictions related to artificial intelligence.
Weighs in general on the price lists crude oil crash, down about 4% and apprehensive about the US political path, while signs of a slowdown ininflation in Spain (+2,9% in May, less than expected) and in Italy (-4,8% producer prices in April) were not enough to sustain the mood of European investors.
Instead, they appreciate i government bonds, which close a positive session.
Europe in red
Business Square she loses 0,16% and is one of the best performers, after juggling all day between buying utilities and selling oil stocks. In the rest of the continent, the declines of some food giants are being felt due to management changes, while the short week of London (also closed yesterday for holidays) starts again in the deep red -1,38%. The day's balance is decidedly negative for Paris -1,29% and Amsterdam -0,97%. Lose 0,29% Frankfurtwhile remaining in limbo Madrid -0,09%.
In Milan, Juventus celebrates the plea deal
On a gray financial day in Milan, a ray of sunshine warmed up Juventus, + 4,4%, after the plea agreement with the Federal Prosecutor's Office of the FIGC regarding the affair linked to the so-called "salary maneuver". The club will pay one fine of 718 thousand euros and other fines (of a lower amount) for the executives and former executives involved in the affair and should thus close all legal disputes, avoiding the appeal on the 10-point penalty, which he is serving in the current championship, in the capital gains case.
On the main list they have won the favor of investors Prysmian +2,84%, which slipped yesterday following the announcement of a change at the top. Contributing to today's rally was the positive judgment di Goldman Sachs which is now betting on the upward revision of the objectives.
La sitting è positive for the utility, starting from A2a +1,58% and Terna +1,65%. Well Stm, +1,8% thanks to the keen attention on the world of chips, after that Nvidia has announced that it will build the most powerful AI supercomputer in Israel, giving a boost to all semiconductor company stocks.
After recent losses it is now in green Getting very +1,73%, while luxury stands out with Moncler + 1,24%.
Le banks they file a weak session, with the exception of Ps +0,24%, supported by what was said by the CEO, Luigi Lovaglio, according to which the Sienese institute will play an important role in the construction of a third banking pole.
Sul negative side of the list there are oil stocks yesterday up like Tenaris -2,7% and Eni -2,35%. Goes again down Saipem -1,89%.
The industry loses share with Leonardo -1,74%. Back off nexi -1,73%.
Spreads down
Il Italian secondary on the other hand, it ended a positive day and rates also fell in Spain and Greece.
Lo spread between 10-year BTPs and Bunds with the same duration, it drops to 182 basis points (-1,62%) and rates they fell respectively to +4,15% and +2,34%.
The picture is mixed on the primary. The Treasury has indeed placed in three BTP auctions for a total value of 9,5 billion euros. The gross yield on 5-year bonds rose to 3,79% (+2 basis points), while that on 10-year bonds fell by 9 basis points to 4,32%. In the third auction, also with a 10-year maturity, BTPs were placed for 2 billion euro, against a request for 3 billion (hedging ratio 1,53), with a gross yield of 4,24%. In another auction, at 7 years, a further 1,5 billion euro in CCTeu were placed, against a request for 2,7 billion (coverage ratio 1,82), with a gross yield of 4,38%. down 7 basis points.
