Among the protagonists of the day there could be Telecom Italia TIM. Stellantis should be monitored on Investor Day.
The major Italian Stock Exchange indices and the main European financial markets they may start the day with fractional declines, following the FED’s monetary policy indications. The US central bank has decided not to change interest rates, in line with analyst consensus.
THE main US stock indexes recorded mixed performances, after the release of the inflation data for May and the FED decisions. The Dow Jones closed 0.09% lower at 38,712 points, while the S&P500 gained 0.85% at 5,421 points, after having reached an all-time high of 5,447 points. The Nasdaq performed very well (+1.53% at 17,608 points, below the new high of 17,725 points).
Weak day for the Tokyo Stock Exchange. The Nikkei index recorded a decline of 0.4% to 38,720 points, after fluctuating between a minimum of 38,690 points and a maximum of 39,252 points.
The bitcoin it dropped to 67,500 dollars (just under 62,500 euros).
The Btp-Bund spread remains below 140 points, with the yield on the 10-year BTP standing at 3.95%.
L’EUR it returned to $1.08.
They remain in the spotlight banking sector securities.
There could be one of the protagonists of the day Telecom Italia TIM. The Moody’s agency improved the telephone company’s debt rating, bringing it from “B1” to “Ba3”. The outlook is positive.
To be monitored Stellantis, on Investor Day, where the automotive giant will communicate the key strategic elements that differentiate the company and communicate updates on regions, functions and brands. Meanwhile, the leaders of the automotive giant have provided some financial indications on 2024 and the dividend policy.
