[HIGHLIGHTS] Stock market: Europe suffers with the Middle East, China and rates

Milan lost 1.7%, Paris and London 1.5% and Frankfurt 1.4%. Futures on Wall Street fell slightly.

Fears about the war in the Middle East, which aggravates an already deteriorated geopolitical picture. The crisis between Iran and Israel supports oil, with a modest increase (+0.3%), but also pushes gas, with TTF futures advancing by 3, 2%, to 32.1 euros per megawatt hour. Gold also rises, to 2,371 dollars an ounce. Bonds, however, showed little change, with the yield on the Italian ten-year bond essentially stable at 3.87% and the spread with the Bund opening by one basis point, at 144.5%. Stellantis slipped on Piazza Affari (-2.9%), Popolare diSondrio (-2,6%), Finecobank (-2.,4%), Tenaris (-2,.4%), Fineco (-2 and a half%) and Intesa (- 2.2%).