The main European stock exchanges closed sharply lower, with Milan slipping to 34,010 points, leaving 1.29% on the ground. The levels of Paris (-1.11%) and Frankfurt (-1.34%) are substantially similar, while London limits the losses to -0.85%.
The declarations of economist Nouriel Roubini at the Ambrosetti workshop in Cernobbio weighed heavily on the Old Continent, according to which “in a 'no landing' scenario, with inflation not falling towards the target, the Fed could only cut rates either twice or not cut them” at all and “next year it could be expected that not only not cut them, but even increase them”.
In this scenario, the main Milanese stock exchange highlights few growth stocks: above all Eni, pink jersey, which in the wake of the buyback programs approved yesterday evening by the Board of Directors, gains 1.04% settling at 15.50 euros per share . It's also good for Leonardo, which advances by 0.82%, while the day was rather difficult for the energy sector: Snam is in the black and closes down by 3.95%, followed by Italgas (-3.65%) , Terna (-2.62%) and Enel (-2.30%). The banks are also in the red: Mps loses 3.13%, Pop Sondrio 2.15%.
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