Facebook Wall Street sinks and European stocks accelerate downwards in the second part of the session. Business Square it loses 0,98% and drops to 22.633 points. Some macro data weigh on the Belpaese: the economy cools down in January, the industrial production drops by 1,9%. while the trade deficit is 87 million euros. Meanwhile, the IMF warns: pension expenditure in Italy is too high, the Fornero law is not enough.
Even heavier is the climate a Frankfurt -1,39% and Paris -1,13%. London, -1,69%, is the worst place with the pound on the rise following theannouncement of the found agreement on Brexit, although the Irish question remains open.
THEeuro regains share against the dollar, with the exchange rate over 1,23.
A Wall Street the case of the day is to Facebook, which currently loses about 7% on the Nasdaq (-2,7%), in an almost entirely negative list. The sales are due to the news of New York Times e Guardian on Cambridge Analytica, a data and political analysis company, which would have helped Donald Trump during the election and favored the pro-Brexit campaign, this by manipulating personal data of more than 50 million Facebook users. Now the American and British authorities are asking Mark Zuckerberg to account for what happened, while the discussion on the protection of privacy and democracies in danger is inflamed.
The collapse drags Amazon, Apple Lossless Audio CODEC (ALAC),, Netflix e A, also worried by the fact that Brussels is studying a plan to tax their revenues by 3%. The move is part of a broader provision for a list of 200 US products that would be hit by tariffs if Washington decides not to exempt Europe from tariffs on metals.
The markets are therefore particularly nervous this Monday, awaiting indications from the G20 which opens today in Buenos Aires and from Wednesday's meeting of the Fed, the first of President Jerome Powell, with the prospect of a rate hike.
Even the Moscow Stock Exchange, in the aftermath of the Russian vote, with the super victory of Vladimir Putin, loses 0,56%.
In the raw materials it turns out flat the Petroleum, with Brent at 66,15 dollars a barrel (-0,09%)
In Business Square the worst blue chip is a stock linked to black gold, Saipem -2,42%. Bad too Exor -2,33% and fca -1,95%, while Sergio Marchionne, on the sidelines of the SGS meeting where he was confirmed as president, declared that FCA will never sell the Fiat brand.
Profit-taking penalizes Finecobank -2,08%. In sharp decline stm -1,91%, following the losses of US technology stocks, in particular the customer Apple.
At the top of the Ftse Mib it ranks Italgas, +1,89%. Well Ferragamo, +1,18%. The New York court recognized the Florentine maison a $60 million indemnity for trademark infringement.
In fashion, shopping is also rewarding Moncler +0,78%. Raise your head Atlantia +0,43%, while press rumors about a resumption of mergers in the banking sector are pushing Ubi + 0,36 %
Out of the main list in great dust Credit Valtellinese,+5,34%, after the success of the capital increase. Sink instead Banca Carige -6,32%.
quiet thebond: the yield of the 10-year BTP falls to 1,88%, lo spread with the Bund it rises to 130.50 points +0,93%, even if, according to Reuters, the ECB is starting to talk about raising rates.
