Martedì, 18 Settembre 2018
MILAN

European markets rise on positive U.S. job data

English
© ANSA

(ANSA) - Milan, October 11 - Markets rose across Europe on
Thursday for the first time in four days after the US posted
data showing that jobless claims in the world's largest economy
had dropped to the lowest levels in more than four years.
Italy's Ftse Mib index gained 1.3% to 15,634 points on the
news that applications for unemployment benefits in the US fell
30,000 to 339,000 at the end of last week compared to 367,000
for the comparable period, according to data released by the
labor department.
The yield spread between 10-year Italian bonds and the
German benchmark fell as investor concern about the ongoing debt
crisis was pared by the possibility of a nascent US-led economic
recovery.
The spread, a barometer of Italy's borrowing costs in the
eurozone crisis, closed at 352 points with 10-year yields at 5%.
The Frankfurt Dax bourse gained 1.1% to close at 7,281
points, while the Paris Cac 40 Index advanced 1.4% to close at
3,413 points.
Madrid's Ibex index rose 0.9% to 7,734 points.
London's Ftse-100 stock market climbed 0.9% to 5,829
points.

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