FTSE MIB Slides to Over 2-Month Low
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The FTSE MIB dropped over 2% to approximately 41,400, marking its lowest point since early August. This decline reflects a global equity sell-off linked to concerns about US regional banks and credit risks. Major financial stocks like UniCredit and Intesa Sanpaolo faced significant losses. Additionally, defense stock Leonardo fell over 3% amid geopolitical tensions. Other notable declines included Ferrari and STMicroelectronics, exacerbated by rising US-China trade tensions.
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