European stock exchanges closed higher. Spread drops to 103 basis points

2021-07-23T15:59:35.105Z

Closing in sharp rise for the European markets. Milan and Paris earn more than 1 percentage point, a few tenths of a point less London, penalized by the uncertainties on the effects of the reopening. In Piazza Affari, STMicroelectronics (+ 2.44%) is still in evidence, which after a difficult start to the year in the last month has made a clear recovery, with an overall increase of more than 8 percentage points. Among the few stocks in decline in the main list are the two of the Generali galaxy, after the movements in the shareholding structure that could put top management into question. The American markets also continue positively: Dow Jones and Nasdaq up by more than half a percentage point. Shines the title of Snap, the company that controls the SnapChat messaging app,after quarterly results much higher than expected both for revenues and for the number of new users. On the government bond front, the spread between BTPs and German bunds continues to decline, settling at 103 basis points with a yield over the Italian ten-year at 0.63%.