BUSINESS PLACE SPEEDS UP WITH WALL STREET. SPOTLIGHT ON THE ACCOUNTS OF THE BIG BANKS
Wall Street has given the charge to the European Stock Exchanges, including Piazza Affari. Both the Dow Jones and the Standard Poor's mark new records on the wave of positive indications from the Labor Market, Janet Yellen's favorite indicator to measure the health of the labor market.
Milan +0,85% closes at 19259 points after significant fluctuations. The other European Stock Exchanges are also positive: Paris +0,7%, Frankfurt +0,5%, London +0,3%. The Btp/Bund spread drops to 152 bp. The 2,35-year yield stops at XNUMX%. The positive charge coincided with the awakening of the Big Banks, called tomorrow to test the quarterly reports.
Unicredit salt of 1,7%, Understanding +1,5%. Even better it does Enel +2,4%, also called upon to approve the accounts. Positive the entire utility sector: A2A + 2,1% Enel Green Power + 1,1% Atlantia +1,3%. Luxury stocks also closed higher: Ferragamo + 3,8% Tod's +0,2%, Luxottica + 1,6% Yoox + 4,3%.
On the other hand, the thud of Azimuth -5,3%, after Citigroup revised its estimates downwards. Most of the banks are also down: MontePaschi fell by 0,1%, the cooperative banks did even worse. Ubi -1,5% Banco Popular -3% Pop.Milan -1,8%. Opposite paths for Telecom Italy -0,9% and Mediaset + 4,1%.
