FTSE MIB Falls for Second Session on Yields, Oil Pressure
The FTSE MIB falls 0.2% to below 53,000 in early Wednesday trading, extending losses as elevated global bond yields and higher oil prices weigh on risk appetite.
2% to below 53,000 in early trading on Wednesday, extending losses from the previous session, as elevated global bond yields and higher oil prices continue to weigh on risk appetite. The index remained under pressure as long-term government bond yields climbed to fresh highs. Tensions in the Middle East has added to market concerns, raising the risk of prolonged energy-supply disruptions that could push inflation higher. 2%, as tech stocks remained particularly vulnerable to rising yields.
5%.