Weak stock exchanges, high-tech yields

2021-05-04T23:09:07.514Z

Weak bags with a tendency to deteriorate. The technological stocks weighed down the session of the European stock exchanges which began to lose more and more ground, following the negative opening of Wall Street which then became heavy (Dow Jones -0.76% and Nasdaq -2.12% at 16 Italian time%). The auto sector is also bad after Ferrari's slide (-6%) due to the postponement of the targets, which is penalizing the entire sector. The worst on a continental level is the Frankfurt Stock Exchange (-2.20%) which is suffering from the sharp decline of some stocks such as Infineon and Siemens. Milan follows closely with a decline of 1 and 70%. Paris lost 0.71% and London 0.28%. On the government bond market, the spread between btp and bund is 105 basis points with our ten-year yield at 0.81%. Euro against dollar at 1.20 and 20.