Stock market: Europe uncertain, government bonds falling

The European stock markets are moving uncertainly, after a negative start in the wake of the Asian stock markets.

After US inflation and the risks of an increase in interest rates by the Fed, there is skepticism on the markets about the sustainability of investments in artificial intelligence.

A picture that fuels a strong selling trend on technology stocks. The conflict in the Middle East and the situation in the Strait of Hormuz remain in the spotlight.

The Stoxx 600 index lost 0.1%. London (+0.5%), Paris (+0.39%) and Madrid (+0.38%) increased. Frankfurt down (-0.17%).

The main price lists are weighed down by the technology sector (-3.5%) and energy (-0.1%). Oil moves at two speeds: WTI gains 0.2% to 95.20 dollars a barrel and Brent drops by 1.7% to 104.20 dollars. Utilities were positive (+0.4%), with the price of gas falling. In Amsterdam prices fell by 0.9% to 86.38 euros per megawatt hour.

Positive day for luxury (+0.7%) and cars (+0.4%).

TLCs are thriving (+2.1%).

Government bond yields are falling sharply after the blaze of recent days. The spread between BTPs and Bunds drops to 107 points, with the Italian 10-year rate falling by 9 basis points to 4.45% and the German one to 3.38% (-8 points). The yield of Spain also fell to 3.99% (-8 points) and France to 4.76% (-11 points). Gold rose slightly, gaining 0.4% to 4,157 dollars an ounce.