stock market today, October 23. Europe closes with decline Gdf searches in Tim, stocks down

Europe slows after Wall Street, Milan +0.01%: Tim slips, banks do badly

European stock markets are moving slowly after the start of Wall Street. Investors’ attention is focused on the presidential elections in the United States while geopolitical tensions continue, especially in the Middle East. There is still uncertainty regarding global economic growth while waiting for the Fed’s next moves. In terms of money, the euro falls to 1.0779 against the dollar. The Stoxx 600 index lost 0.2%. London and Paris lost 0.5% and Frankfurt 0.1%. On parity Milan (+0.01%) and Madrid (+0.05%). The main stock markets of the Old Continent are reduced by power (-0.6%), with the price of oil falling. WTI fell 0.9% to 71.07 dollars per barrel and Brent fell 1% to 75.29 dollars. The banks also performed poorly (-0.2%), with Deutsche Bank falling 1% after the accounts, and the insurance companies (-0.4%). Technology (+0.4%) and utilities (+0.4%) did well, the latter with rising gas prices. In Amsterdam, prices registered an increase of 2.2% to 41.63 euros per megawatt hour. In Piazza Affari, Mps (-2.7%) and Tim (-2.4%), the latter slipped after the Gdf investigation in the manager’s office for a corruption case between private individuals. The other banks also performed poorly with Bper (-1.6%), Popolare Sondrio (-1.1%), Intesa and Banco Bpm (-0.7%). Sale on Saipem (-1.6%), waiting for the accounts. In the main list, Stellantis shows that his muscles (+ 3%), STM and Hera are also doing well (+ 2.2%).