Sitting in deep red, US and German GDP weigh

2020-07-30T14:07:14.986Z

Covid effect on large world economies. The collapse of American GDP in the second quarter (-32.9%) pushes the New York stock market downwards: the Dow Jones drops one point and a half and the Nasdq over half a percentage point. The European price lists are also heavy after the publication of Germany's gross domestic product, which loses 10.1%, the worst drop since 1970. The Frankfurt stock exchange loses three and a half points, Milan almost 3%, London two and a half points and Paris 2%. Semi-annual season in Piazza Affari. The worst stock is Eni (-6.2%) after the publication of the results with a loss of 7 billion and the revision of the shareholder remuneration policy. The entire energy and oil sector in Europe is in sharp decline. In Milan the Ftse Mib is completely in red, only the almost flat Prysmian title is saved.