Mercoledì, 19 Settembre 2018
MILAN

European markets rise on revised U.S. third-quarter growth

English
© ANSA

Milan, November 29 - Markets jumped across Europe
on Thursday, paced by Milan's FTSE MIB index, after US economic
growth for the third quarter was revised upwards and amid
optimism about President Barack Obama's upcoming budget plans.
US third-quarter gross domestic product grew a revised
2.7%, up from the 2% originally reported, according to figures
released on Thursday from the Commerce Department in Washington.
Italy's Ftse Mib index gained 2.8% to 15,887 points.
The yield spread between 10-year Italian bonds and the
German benchmark, a barometer of Italy's borrowing costs in the
eurozone crisis, closed at 319 points with 10-year yields at
4.6%.
The Frankfurt Dax bourse jumped 0.8% at 7,400, while the
Paris Cac 40 Index gained 1.5% to 3,568 points.
Madrid's Ibex index advanced 1.7% to 7,973 points. London's
Ftse-100 stock market advanced 1.2% to 5,870 points.

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