US-China tensions, the stock markets are slowing down

2020-05-04T14:11:33.322Z

The renewed tensions between the US and China and the spread of data on the manufacturing PMI of the Eurozone, which fell to record lows in April, also weigh on Wall Street which starts trading down: DJ -1.12%, Nasdaq -0.70% . In Europe the losses are greater, with Frankfurt -3.86%, Paris -, 4.28%, Milan -3.2%. The only exception is London (open May 1), just below parity. Spread falling back after an upward start, now at 236 basis points with 10-year BTP yields at 1.82%. In Piazza Affari losses in all sectors, with the exception of Juventus. The worst titles related to the car: FCA, Exor and CNH sell over 6%.