Stocks rise cautiously

Wall Street starts higher after the May inflation data rose 0.1% on the previous month, 2.3% on an annual basis. The Dow Jones +0.27%, the Nasdaq 0.30%.

Supporting the indices is the improvement on the tariff front, with the agreement made between the United States and China (announced by Washington and confirmed by Beijing) and the possible postponement of the entry into force of the tariffs on Europe. European stock markets return to the highs of the day, Milan gains 0.42%, Paris +1.3%, Frankfurt +0.93%, and London +0.35%.

On the stock market, the best is Prysmian +4.7% and the luxury and car stocks Stellantis and Ferrari +1.9% stand out. Amplifon -5.8% is in the black jersey, Leonardo -2.8% is also bad. Mediobanca -0.4% is weak, after the update of the plan to 2028, Mps is down 2.3%. On the energy front, Brent is at 67.2 dollars. On the currency front, the euro remains strong and returns above the threshold of 1.17 dollars.