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by Michela Coricelli Milan
02 December 2020 Negative start for Wall Street, with the Dow Jones at -0.71% and the Nasdaq at -0.88%.
Investors around the world look forward to developments in the vaccine race.
Today London has given the green light to the Pfizer-Biontech one.
And the London market is the only positive in the Old Continent: it marks an increase of 0.84%.
The other lists are down: Milan drops one percentage point, weighed down by bank securities (despite the drop in the spread to 113 basis points);
Frankfurt lost 0.58% and Paris 0.35%.
In Piazza Affari the worst stock is Banco Bpm (-4.3%) after the managing director Castagna confirmed the bank's interest in a merger.
The banking risk is therefore not over yet.
The sector is now weak in Milan.