Sprint closures, the stock exchanges celebrate US and ECB jobs

2020-06-05T16:03:28.775Z

A brilliant closing for Piazza Affari and all the other European stock exchanges, driven by the American data on employment, by the rally of the US markets and by the latest measure in support of the economy announced yesterday by the ECB. Milan ends at + 2.82%, London at + 2.25%, even better Frankfurt at + 3.36% and Paris, pink jersey, which closes at + 3.71%. In the United States, Nasdaq (+ 2%) and Dow Jones (+ 3.59%) are racing against the unexpected May data on job growth: two and a half million more. Euphoric investors, the employment figure seems to stop the continued growth of unemployment that the United States recorded in the months of the lockdown. The announcement by the ECB of a significant strengthening of the securities purchase plan pushes bank stocks across Europe. The spread between the Italian BTP and the German Bund narrowed to 168 basis points.