Stocks down due to Covid. After S&P the spread falls

2020-10-26T11:48:38.903Z

European stock exchanges had started down sharply. The increase in Covid cases and the new restrictions are penalizing European stock exchanges. The price lists recover from the lows. Milan drops 0.46%. London limits losses to 0.06%, while the heaviest is Frankfurt (-2.10%) after the declining business confidence figure in October. On the Piazza Affari list, Fiat Chrysler goes against the trend (+ 3.15%) in view of the green light from the European Antitrust to the merger with PSA. Good news from our government bonds after the confirmation of Standard & Poor's judgment. The move towards safer investments brings the yield on our ten-year BTP down to 0.70%. The gap with the German Buntds is also shortened to 126 basis points, 6 less than last Friday.