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Wall Street fails to rebound, European Stock Exchanges and Piazza Affari still suffer

The American stock exchange, despite the end of the shutdown, is unable to regain share while the European stock exchanges reduce their losses but do not see parity – The Milan stock exchange is still in the red, which falls by 1,3% – Down among the blues chips Fineco, Recordati, FCA and Banco BPM – Unipol, Campari and Banca Generali go against the trend

Markets remain nervous: Wall Street it is volatile and the European lists close a week to forget with a decline. Business Square loses the 1,33%. 22.166 points, after having slipped, during the session, even below 22.000 points. But the economic ship is going: Italian industry went beyond expectations in December, closing 2017 with an average growth of 3%, the best for seven years, in step with its European partners.

Stock market performance is similar to Paris, -1,41%; Frankfurt -1,25%; Madrid -1,2%: London -1,29%.

New York is in swing. After a good start in the slipstream to the approval of the budget by Congress, the Dow Jones is currently floating around parity. An insufficient trend, to breathe a sigh of relief on the sell-off in progress. On the other hand, last night's closure in the red sanctioned the official entry of Wall Street into a "correction" phase. Since the last peak on January 26, American stocks have lost more than ten percentage points and the global capitalization of equity securities has lost more than 5 trillion dollars. 

Among the most penalized sectors is that of energy, with the descent of the black gold. Even today the Petroleum it is negative. The Brent it loses 2,18% and falls to 63,4 dollars a barrel. The wtf drops below $60 a barrel for the first time in six weeks. On the monetary front, the exchange rate remains little moved euro-dollar, in area 1,22.

Under pressure the packaging Italian, together with the peripherals of the entire euro area: the yield of the BTP 10 years at 2,07%, while the spread with the German 132.50-year bond it widens to 9,5 basis points, +XNUMX%.

In Piazza Affari, purchases pay off Unipol (+ 1,06%) and Unipolsai (+1,52%), in the wake of the accounts. For the same reason it goes up Mediobanca, +0,7%, which closed the first half 17-18 with record revenues and profits. On the rise General Bank +0,86% after publication of the good results of 2017, and campari, + 0,83%.

Profit-taking penalizes Finecobank, -3,9% and Bpm bank -3,19%. The descent continues Recordati -3,41%. The auto sector is bad with Fiat -2,95%. Downhill Prysmian -2,37; Eni -2%. 

Flat Atlantia, which would have reached an agreement with the banks to obtain better financing conditions in view of the relaunch Abertis.

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