FTSE MIB plunges 1.7% amid global security worries
The FTSE MIB fell 1.7% to 51,629, with declines across sectors including Prysmian and STMicroelectronics.
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FTSE MIB Declines on Monday
The FTSE MIB fell to around 52,300 on Monday, giving back some of last week’s gains, with technology-related stocks leading losses. STMicroelectronics and Prysmian fell 4.1% and 5.1%, respectively, as investors reacted to Anthropic’s call over the weekend for a slower pace of AI development amid growing safety concerns
FTSE MIB edges lower as investors turn cautious
Italy’s FTSE MIB edged lower to around 52,500 on Monday, near a three-week low, as regional peers declined and investors looked ahead to policy and geopolitical events.