Wall Street opens better than Europe, Tesla down after Musk's Twitter poll

2021-11-08T15:18:25.971Z

The day was not very busy for the European markets after the good closing on Friday. In Milan the Ftse Mib index at -0.17%; Frankfurt on parity, just above London, Paris + 0.30%. Stronger progress for the Wall Street indices: Dow Jones + 0.55%, S & P500 + 0.31%, Nasdaq + 0.22%. In the early afternoon, Fed Vice President Richard Clarida said that the "necessary conditions" for a rise in interest rates in the United States could be met by the end of 2022, however, stressing that there is still a long way to go. Among the stocks on Wall Street are those related to infrastructure, such as Caterpillar; this is after the US Congress passed the $ 1.2 trillion "physical infrastructure" plan. Also in Piazza Affari,today the biggest rise is in a stock linked to construction, Buzzi Unicem, + 3.76%. Tenaris follows, + 3%. The Ftse Mib is closed by Nexi (-2.39%) and Tim (-3.14%), which corrects after the strong increases on Thursday and Friday. Tesla falls 4.28%, after the poll in which the number one Elon Musk asked his followers on Twitter whether or not he should sell 10% of his shares. 58% of them answered yes. During the night, the Asian stock exchanges moved in no particular order. Tokyo closed down 0.35%, after the publication of a synthetic indicator on the state of the economy which recorded the third consecutive decline. The stock exchanges of mainland China, on the other hand, on the wave of the October trade balance data released yesterday: exports up more than expected,imports growing but lower than expected, a symptom of still weak domestic demand. On the raw materials front, the price of oil rose, with Brent returning above 83 dollars a barrel. Effect, among other things, of the price increase for Asian buyers announced yesterday by the giant Saudi Aramco, which according to operators proves that demand remains strong.