Milan's stock exchange ended Thursday's session in negative territory, according to Borsa Italiana, while the rest of Europe's markets held roughly flat. The FTSE Mib opened the day down 0.58%, ANSA reported, and losses deepened as trading continued, with SoldiOnline.it putting the index's decline at about 0.7%.
Among individual names, Technoprobe and Fincantieri slid, according to SoldiOnline.it. Borsa Italiana described the session as one of selling on Piazza Affari, with the broader European picture little changed.
Corriere della Sera reported that US Treasury yields jumped during the day, a move that drew attention alongside weakness in equities. The same outlet noted that investors were awaiting a meeting between Chinese President Xi Jinping and US President Donald Trump.
The reports give no further detail on what drove the Milan losses or on the scale of the moves in government bond markets. No figures were provided for the flat European sessions.
What to watch next: how the Xi-Trump meeting is received by markets, and whether US Treasury yields continue to rise when trading resumes.
