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Italy’s FTSE MIB extended gains, closing 0.4% higher at 49,824 on Wednesday, supported by a 15.4% surge in Stellantis after the automaker reaffirmed its 2026 outlook and expressed confidence in its cost-cutting efforts. Meanwhile, Italy approved its 2027 budget bill, which is expected to include contributions from the
The FTSE MIB fell 0.2% to 51,760 on Monday, paring earlier gains following reports of several planned tax cuts in the government’s 2027 budget plan. Ahead of next year’s general election, Prime Minister Meloni’s latest and upcoming budget is reportedly set to include multiple tax cuts, adding to uncertainty surrounding
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.