Stock market: Milan below 50,000 points after the start of Wall Street, spread over 117

Milan is the worst among the European stock markets and slips below the 50,000 point threshold, returning to the levels of last June. While Wall Street opens mixed, the FTSE MBI loses 2.52% to 49,972 with a wave of sales that causes losses of more than 4% for STM, Prysmian and the banking companies Unicredit and Intesa.

The yield of the BTP runs in the wake of the American Treasuries and the French Oat and the spread with the Bund exceeds 117 points to 117.4 basis points with the yield of the Italian 10-year bond increasing by 0.16% to 4.69%.

Paris fell by 1.11%, Frankfurt by 1.22% and Madrid by 1.73 percent.