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News 2026-10-07 07:50 UTC

FTSE MIB Snaps 3-Day Gain

The FTSE MIB fell 1.09% to around 50,700 on Wednesday, ending a three-session winning streak and tracking broader European losses as investors remained cautious amid continued tensions in the Middle East. Oil prices rose amid escalating Saudi-Houthi tensions and a storm threat in the Gulf of Mexico, while higher bond y