The declines on European and American stock lists worsen. Around 16pm Business Square leaves about one percentage point on the field. The other main squares of the Old Continent are also bad: Frankfurt e Paris -1,5% London -1,1%.
Wall Street is no exception. There New York Stock Exchange opened the session in negative territory, on the day in which Ben Bernanke takes leave of the chairmanship of the Federal Reserve. The Dow Jones is down 140 points, 0,88%, to 15.790, the Nasdaq drops 22 points, 0,53%, to 4.063, while the S&P 500 slips 15 points, 0,81%. at 1.779
The US Governor closes his last Fed meeting today and the market awaits a new acceleration of the Tapering, i.e. the process of reducing the monetary stimulus guaranteed by the American Central Bank.
Another factor of concern comes from emerging countries, struggling with the depreciation of Currencies: between yesterday and today the central banks of Turkey, India and South Africa have decisively raised interest rates.
Meanwhile, the Petroleum widens the losses (-0,9%, to 96,56 dollars) and thegold (+1,24%, to 1.266 dollars an ounce). On the bond side, the ups and downs continue BTP-Bund spread, which, after having touched the 200 basis points mark, is back above the 220 level again in mid-afternoon.
In the same minutes, on the Ftse Mib, only the title of Luxottica, up about two percentage points later the positive accounts released last night (record for 2013 turnover) and the promotion collected today by Mediobanca.
The worst title in Piazza Affari is instead that of Fiat, which (after being suspended twice for excess downside) drops more than 6%. Stocks discount disappointing accounts published this morning by Lingotto (and above all the non-distribution of the 2013 dividend), on the day in which the CEO Sergio Marchionne and the chairman John Elkann presented Fiat Chrysler Automobiles, the new company born from the merger with the Detroit giant.
Bad too Mediaset (-4,52%), Buzzi Unicem (-3,37%), Salvatore Ferragamo (-3,12%) And Prysmian (-2,43%).
