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Wall Street gives sprint in the final to Piazza Affari, which closes up by 0,7%

The improvement in American employment, which has gone beyond expectations, gives impetus to Wall Street and infects European stock markets loses almost 3% – Pirelli and Fonsai progress – Stm, Tod's and Autogrill fall again

Wall Street gives sprint in the final to Piazza Affari, which closes up by 0,7%

The United States gives new breath to international markets. After hours of uncertainty on the European stock exchanges, in the early afternoon the data on the American labor market pushed the European indices upwards: London + 0,75% Paris + 0,80% Frankfurt +0,97%. Positive too Business Square, which closed a week dotted with minus signs with an increase of 0,73%. L'euro rises to 1,3693 dollars, while the spread marks a very slight drop to 235 basis points.

In November American companies they created 203 jobs: a much higher number than expected by analysts (180). The Washington Department of Labor has also communicated that the unemployment rate it dropped to 7% (from 7,3% the previous month), the lowest in five years. Also in this case the data is better than expected: the estimate was a drop to 7,2%. According to some operators, these data - although positive - should not lead the Federal Reserve to start tapering already at the FOMC meeting in December.

In the wake of these evaluations, a Wall Street the Dow Jones travels in positive territory, stemming for the moment the bleeding of five consecutive down sessions. The Nasdaq is also above parity.   

At Piazza Affari the best headlines of the day are Buzzi Unicem (+ 3,54%) and Prysmian (+2,76%), driven by the positive opinion of Morgan Stanley, which raised the valuation of the stock to "overweight", setting the new target price at 22 euros. Pirelli gained 2,29%, after this morning Malacalza Investimenti announced the appointment of a new consultant "with a view to better management of the investment held in Pirelli & C.", equal to 7%: it is Francesco Gori , former tire group manager. 

Other actions that have stood out include Banco Popolare (2,72%) and Fonsai (+2,17%). The other banks are also well tuned: Understanding (+ 1,68%), Unicredit (+ 1,48%), Mediobanca (2,02%), Ubi (-0,72%). Still very bad only Ps (-2,98%), which collects the target price cut from Goldman Sachs and is placed at the bottom of the Ftse Mib. In the last two weeks, on fears for the dilutive effect of the 3 billion increase, Montepaschi has sold about 25%. In recent days, Exane had cut its target price to 0,11 euros. 

Also in red stm (-1,34%), Tod’s (-1,71%) And Rest (-1,91%).  

As for Parmalat (+1,38%), today the BoD decided to change the 2013 guidance downwards: at constant exchange rates and perimeter and excluding the effect of hyperinflation, Ebitda growth is now estimated at around 2 % compared to 2012. 

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