Rather, optimism about the health of the U.S. economy prevails among investors, reinforced yesterday by Fed Chairman Jerome Powell's words that pushed U.S. indexes to new all-time highs. Wall Street futures are little moved today.
In Milan, around 12:30 p.m., the Ftse Mib rose 0.9 percent with volumes above 900 million.
Among the top stocks:.
The rise in the index is mainly supported by the good pitch of banks (+1.7% on average). UniCredit rises 2.5%, its possible prey Banco Bpm 0.85%. UniCredit has until March to consider a possible improved Ops on Banco, Orcel said yesterday. Intermonte expects, among others, the addition of a cash component.
Highlights include +3.8% for Stellantis, which recovers heavy losses following the exit of CEO Carlos Tavares, which was surprisingly announced last Sunday.
Tim also rises more than 3% after Deutsche Bank, in an industry study, forecast growing investor satisfaction in tlc in 2025. The broker restarted coverage of Tim with 'hold'.
Purchases, also today, on Mfe (+2%) again on speculation of moves on the investee ProSiebensat.1
Realizations hit Campari, Mps and Prysmian.
(Claudia Cristoferi, editing Sabina Suzzi)