It was a bad day in Europe, while the main index in Milan saw a day with many sign changes.
It was positive in the morning, then alternated between rising and falling.
The closing at + 0.49%.
London (-1.47%) and Frankfurt (-1.22%) had the largest drops among the main markets.
After yesterday's black day, Wall Street recovers in part: + 0.25% for the Dow Jones, + 0.71% for the Nasdaq.
Even in Milan, it was a day mainly for two sides.
Banks have risen a lot, which in Milan weigh more than in the rest of Europe on the stock exchange index: + 1.78% for the banking sector index.
On the other hand, most of the other sectors, such as utilities, industrial stocks and those of the real estate sector, were down.
These are still the opposite reflections of the ECB rate hike last Thursday and the expectation of new hikes, after yesterday's data above the American inflation expectations.
In terms of utilities, a -18% drop for Uniper, a German company in serious financial difficulty, following the cut in Russian gas supplies, is to be recorded.
Uniper confirmed the talks with the German government and the majority shareholder Fortum regarding a possible acquisition of a majority stake in the German state.
Meanwhile, the price of gas returns well above 200 euros per megawatt hour.
The October future is about to close trading at € 225, + 13% compared to yesterday;
the appreciation in one day was over 25 euros.