Italian Stocks Plunge to May Low
Italy’s FTSE MIB closed 2.5% lower to 48,384 on Thursday, nearing its lowest level since May, as banking and tech stocks led losses. AI-related shares came under pressure amid renewed valuation concerns, with Technopobe (-7.6%), Prysmian (-7.6%) and STMicroelectronics (-5%) dropping sharply. Protests by truck drivers a