Stock market: Europe in red looks at protests, oil recovers

For European stock markets it is a start to the week to forget with the price lists not stopping the red. The focus is on the street protests in various cities, which have also resulted in violent demonstrations. While futures on Wall Street, positive for most of the morning, travel in no particular order awaiting a busy calendar of corporate results, after the sharp drop recorded last week in stocks linked to artificial intelligence.

Oil recovers and is mixed with the WTI rising by 0.29% to 101.7 dollars. Brent lost 0.84% ​​to 106.96 dollars. Gas is losing ground with TTFs reducing the rise to +0.8% at 88.25 euros per megawatt hour.

The spread between BTPs and Bunds stabilizes at 110.5 points with the yield on the Italian 10-year bond confirming growth at 4.53%. Among the individual markets, Milan lost 1.7%, Paris 1.5%, Frankfurt 1.25%, Madrid 1.6%.

The euro weighs further on the dollar. The single currency changes hands at 1.1228 on the greenback.