Home » Stock exchanges today 6 April: mixed lists after Wall Street records

Stock exchanges today 6 April: mixed lists after Wall Street records

by admin

MILANO – 11:30 am. The European stock exchanges are following the records of Wall Street, where it won the bet on the recovery of the first economy in the world thanks to the flow of money and investments opened by the White House on the real economy. The European lists, which yesterday had remained closed not grasping the generalized optimism, manage to strengthen by also focusing on the recovery and the Eurostoxx 600, an index representative of the major stocks of the Old Continent, cancels the pandemic: Milano salt by 0.7% in the middle of the morning, Paris it adds 0.6%, Frankfurt 0.9% and London 1.2%.

In Asia, on the other hand, doubts about the alleged requests by the monetary authority against banks to limit the growth of loans for the remainder of the year were discounted in order to avoid the risks of credit bubbles after the whirlwind growth in first months of the year. And so the Asian stock exchanges turned down after a slightly higher opening, with Hong Kong closed for holidays. With pandemic fears still affecting some countries, such as Japan, Shanghai it sold 0.04% e Tokyo l’1,3%.

United States: overtaking China, now America is leading the world

by our correspondent Federico Rampini


As mentioned, yesterday Wall Street set new records thanks to Friday’s employment report, released in closed markets, and solid data on the services sector, which fuel the prospect of a quick economic recovery. The Dow Jones gained 373.98 points, 1.1%, at 33,527.19; the S & P500 rose 1.4% to 4,077.91 points, another record close. The Nasdaq composite finished up 1.7% to 13,705.59. Tesla was highlighted, which gained over 4%, thanks to data on production and deliveries that largely beat analysts’ expectations. Gamestop cut heavy early losses and closed 2.4% lower at $ 186.95 after the video game chain said it could offer up to 3.5 million new shares. Today, however, American futures are weak.

See also  Stock exchanges today, 23 September 2021. Positive EU lists after the Fed. Beijing alarm on Evergrande

On the macroeconomic front, the expansion of the service sector in China was recorded in March. The Pmi Servizi index, prepared by Markit / Caixin, rose to 54.3 from 51.5 in February, to signal a solid increase in the sector. The composite index advanced to 53.1 from 51.7. Negative data from Japan, where household consumption fell by 6.6% in February on a trend basis. The figure is worse than the estimates that expected a -5.3% and the previous figure (-6.1%). On a monthly basis, consumption increased by 2.4%, less than expected + 2.8% and against the previous -7.3%. The euro is confirmed at the levels of 1.1811 dollars. The single currency is also trading at 130.15 yen.

In the Eurozone, the spotlight is on unemployment: in February the jobless rate in the euro area was stable at 8.3% compared to January and up from 7.3% a year earlier. In the EU 7.5% as in January, up from 6.5% in February 2020. In Italy, Istat updated the picture.

Among the commodities, the price of the Petroleum rebounds after the recent weakness linked to the decision of the Opec + cartel to gradually ease the production cuts in view of the economic recovery. The barrel rose in Asia, also in the wake of the decline in the dollar: WTI futures gained 1.02% to 59.25 dollars in Asian electronic exchanges. Brent futures rose 0.80% to $ 62.65.

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy