The Milan bourse closed 2.08% up Wednesday with the FTSE-Mib rising to 38,519 points after tariff war fears eased and amid a maxi financial plan from Germany.
Milan had shed 3.41% Tuesday after US President Donald Trump announced tariffs on China, Canada and Mexico.
London closed 0.04% down, Paris 1.56% up and Frankfurt 3.38% up after incoming Chancellor Friedrich Merz's announcement of a 500 billion investment plan to boost defence and infrastructure.Berlin's bazooka of 500 billion in investments restored luster to the stock markets. The stoxx 600, the stock index that gathers 600 of the main European market capitalizations, ended the session up 0.91% and recovered 153 billion in capitalization. In Milan, which marked a +2.08%, the recovery was 18.6 billion.In New York the Dow Jones was 0.20% down, the Nasdaq 0.69% down and the S&P 500 0.56% down after Tuesday shedding all their post Trump election gains.
ALL RIGHTS RESERVED © Copyright ANSA
