The US stock exchange always has a great influence on the lists of the Old Continent. The opening and closing of the evening before, are able to influence the price trend of the European stock exchanges. If Wall Street closed higher the night before, the chances of a positive opening in Europe increase and vice versa. That’s why ProiezionidiBorsa analysts are convinced that with Record-breaking Wall Street Piazza Affari can rise and turbo.
On the lists of the Old Continent we look at the performance of Wall Street in two specific moments of the day. We look at the US market at the start of trading in Europe and at 3.30 pm when the New York Stock Exchange opens. But there is also a third moment, the one around 13.30 / 14.00. At that time, traders who have returned from lunch are studying the first significant movements in futures prices on the S&P 500 index. And that’s what happened today.
A stock triggers the euphoria, Wall Street opens higher and Piazza Affari accelerates
Today the Italian stock exchange opened close to yesterday’s close and trading was not very moving throughout the morning. Yesterday we wrote aboutweak activity in Piazza Affari and today the script has been repeated. But after lunchtime, the Milan stock market began to gain when the first significant values of the S&P 500 futures index appeared. At the positive opening of Wall Street, the Italian and European stock exchanges accelerated upwards. At the end of the session, the Ftse Mib (INDEX:FTSEMIB) closed at 25,665 points, finally above the psychological threshold of 25,600 points. The gain in percentage terms was 0.7%.
We could summarize today’s session by writing that a stock triggers euphoria, Wall Street opens higher and Piazza Affari accelerates in the final. A summary of three key events of the day. We have written about Piazza Affari and Wall Street. The title that triggers the euphoria is Robinhood, just landed on the Nasdaq. Robinhood is a US platform for investing in the financial markets. Young Americans who want to bet on the stock market use this platform. On August 3, the stock opened at $ 36, jumped to $ 84 the next day, before closing just above $ 70. A 100% rise in two days is not often seen.
Deepening
The point about the markets
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