Le European stocks close in the red, weighed down by disappointing economic data and global uncertainties. Paris loses 0,55%, Frankfurt drops 0,53%, and London closes at -0,33%, while Milan, despite marking a decrease of 0,18%, remains above 37 thousand points, the highest since January 2008. Weighing on the mood of the markets were above all the US employment data, with only 143 jobs created in January, well below expectations. Wall Street, by extension, moves uncertainly, with the indices oscillating around parity.
A Square Business, the day saw Iveco flying with an astonishing +21,54% thanks to the results above expectations and the possibility of a spin-off of the defense division. Team stood out with a +6,28%, fueled by rumours of a possible interest from IliadOn the negative side, the banking sector suffered: B for Bank took a hard hit with a drop of -7,57% due to theOps on Banca Popolare di Sondrio, which gained +5,39%. Also nexi (-4,43%), Fineco (-4,01%) And Inwit (-3,57%) closed sharply lower, with the market showing signs of general weakness.
Lo spread between BTP and Bund remains at its lowest level since October 2021, at 106 points, while the Petroleum continues to gain ground, with WTI exceeding $71 a barrel and Brent nearing $75. Theeuro remains stable at $1,0368, without major shocks.
READ MORE Stocks, tech dominates again
