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Wall Street pushes stocks. In Milan, a difficult debut for Nexi

The quarterly reports boost the American Stock Exchange and revitalize European lists even if Piazza Affari remains the most uncertain. Tenaris and Eni at the antipodes. It still runs Azimuth. Spreads up

Wall Street pushes stocks. In Milan, a difficult debut for Nexi

Piazza Affari finds a small momentum in the final and closes up by 0,12%, reaching 21.918 points, at the end of a colorless session. Almost at the antipodes of the list are two oil stocks: Tenaris, +3,38%, thanks to the news of the withdrawal of the indictment for the president Paolo Rocca, in Argentina, where he was under investigation for alleged bribes; Eni, -1,56%. Banks in particular are still well bought Unicredit, +3,2%, after the sanction in the US greater than expected, but which does not require further provisions and frees up 300 million on the budget. The rush does not stop Azimuth, +2,73%, which began after the presentation of the 2018 results. Stm rebounds, +2,33%. Moncler did well, +0,99%, on the day of the budget assembly. For CEO Remo Ruffini, the results for the first quarter are positive and in line with expectations.

Are then red the utilities, Enel -1,86%; Terna -1,74%. Down Recordati, -1,55%. Some profit taking penalizes the Juventus -1,08% in the vicinity of the return match of the quarter-finals of the Champions League with Ajax. Outside the main list, the debut of Nexi is disappointing, -6,22%.  

In the rest of Europe: Frankfurt, +0,66%; Paris, +0,36%; London +0,44%; Zurich +0,71%. Madrid lags behind -0,01%. Most of the continental lists find a better intonation in the afternoon, after the green opening of Wall Street, grappling with a series of new quarterly reports: from Bank of America, Blackrock, UnitedHealth and Johnson & Johnson, with slightly disappointing accounts from part of the top two and better than expectations for the two healthcare companies. This evening the data from IBM and Netflix will arrive.

On the macroeconomic front, industrial production in the USA unexpectedly decreased by 0,1% in March against +0,2% expected. Good news in Europe instead from the German Zew investor confidence index, which improved in April to 3,1 points from -3,6 in March and beyond expectations.

Euro-dollar stationary at 1,13. Oil moved little, with Brent at 71,11 dollars a barrel (-0,1%).

The greater appetite for risk hurts gold, which retreats by almost a percentage point to 1275,09 dollars an ounce.

Bad session for the'Italian bond: the yield on the 10-year BTP is 2,6% and the spread with the Bund is 252.80 basis points (+1,57%).

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