Stock market: Europe picks up pace, Milan +0.98% and spread down to 105 points

European stock markets slowed down behind positive US futures, in particular the Nasdaq, after OpenAi's revenue forecasts which improved the climate for technology.

The falling oil also helps due to hopes of a truce between the US and Iran in view of the midterm elections. Even though 10-year T-bonds see yields rise, those of European government bonds are falling and the BTP-Bund spread drops to 105.5 points.

Madrid rose by 1.1%, Frankfurt by 0.99% and Paris by 0.9%. In Milan +0.98% on the podium in the main basket are Inwit (+2.9%), Fincantieri (+2.74%). Banca Generali also shines (+4.58%) while waiting for the board of directors of Unicredit (+1.5%) who could take stock of M&A. Generali meanwhile gains 1.37 percent.