European stocks spent most of the day strongly but then lost the final lifts are also due to the performance of Wall Street opened in positive, in the wake of good data on compromise agreements for the purchase of a house, rose in April to the highest level since October. And the closure is positive: the Dow Jones advanced 2.25% to 10,249.69 points, the Nasdaq up 2.64% to 2281.07 points while the S & P 500 rises of 2.59% at 1098.44 points. In Milan, which recorded its worst performance among the EU exchange, the FTSE Mib scored and the All Share -0.5% -0.4%.
Decrease in energy-related securities and banks, they still suffer from the statements of recent days, Bernanke and Tim Geithner on the need for greater transparency of the assets of European banks. And while the EU Commission this afternoon announced a series of proposals on the governance of banks and insurance companies from Shanghai Corrado Passera also intervened on the grounds that four simple rules suffice to restore luster to the banking system: lever limited to 4-5 times the tangible assets, the mismatching of maturities, the prohibition on having an off-balance sheet activities and regulation of derivatives. Would this delay in making the rules, the main reason for aggressive market against European banks found in recent weeks.

Today, however, sales have also rocked the oil industry after the U.S. government yesterday announced the launch of two surveys, a civil and a criminal for disaster in the Gulf of Mexico. Bp after it fell more than 14% yesterday, yielded 0.06%, having still not found a solution to plug the hole where the oil comes out. The markets have also suffered at the beginning of the fall in Tokyo (-1.12%), while in Europe the German Government has given the green light to the draft law that extends to all actions the ban on short selling in category
naked.
On the U.S., pending the May employment data on Friday which will be released, today announced details on requests for loans, increased 0.9% during the last week and compromises to buy home grown 22.4% in April than expected. Paris has closed -0.05%, Frankfurt Equality, London -0.23%. Marketplace responded less enthusiastically to the positive lists of Americans, even if we have to consider trade reduced for holidays of 2 June, the anniversary of the Republic.
The worst in the oil sector was Saipem (-1.70%), followed by Tenaris (-1.26%) and Eni (-0.85%), while Saras (+0.12%) and Erg (+0 , 05%) ended on equality. Goldman Sachs reduced its target price of Saras 2.3 to 2 euros, but raised its price on ERG to 11.9 euros from 11.8 euros, confirming both neutral court. However, the best in the FTSE mib was Campari (+3.10%) closed the session at historically high levels to 4.24 euros, rising above the levels of July 24, 2007, when he closed to 4.2025 euros. Well St (+2.53%) and Luxottica (+2.52%): it aims to double outlets in China within 3 years from the current 240 to about 500, the target announced by ADI group, Andrea Guerra, in Shanghai during a press conference.