FTSE MIB Declines

2026-06-03 07:49 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 50,000 on Wednesday, giving back gains from the previous session, as renewed tensions in the Middle East and fresh US tariff threats dampened investor sentiment.

The US Trade Representative has proposed additional duties of up to 12.5% on 60 trading partners, including the EU, over alleged failures to ban goods made with forced labor.

Meanwhile, the US and Iran reportedly exchanged fresh strikes, despite President Trump saying US–Iran talks were ongoing toward a peace deal, while Iranian media reported communications had broken down.

Heavyweight financials were among the top laggards as yields rose again and oil prices continued to advance.

Leading the losses were UniCredit (-1.5%), Intesa Sanpaolo (-1%), Assicurazioni Generali (-0.6%), Mediobanca (-1.3%), BPER Banca (-1.1%), and Banca Mediolanum (-1.5%).

On the data front, PMI surveys showed that Italy’s private sector growth edged down in May, with the services sector remaining in contraction.



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FTSE MIB Declines
The FTSE MIB fell to around 50,000 on Wednesday, giving back gains from the previous session, as renewed tensions in the Middle East and fresh US tariff threats dampened investor sentiment. The US Trade Representative has proposed additional duties of up to 12.5% on 60 trading partners, including the EU, over alleged failures to ban goods made with forced labor. Meanwhile, the US and Iran reportedly exchanged fresh strikes, despite President Trump saying US–Iran talks were ongoing toward a peace deal, while Iranian media reported communications had broken down. Heavyweight financials were among the top laggards as yields rose again and oil prices continued to advance. Leading the losses were UniCredit (-1.5%), Intesa Sanpaolo (-1%), Assicurazioni Generali (-0.6%), Mediobanca (-1.3%), BPER Banca (-1.1%), and Banca Mediolanum (-1.5%). On the data front, PMI surveys showed that Italy’s private sector growth edged down in May, with the services sector remaining in contraction.
2026-06-03
FTSE MIB Climbs to Record Close
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FTSE MIB Rises to Fresh Record
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