FTSE MIB Rebounds as Greenland Tensions Ease
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The FTSE MIB rose 0.8% to approximately 44,850, recovering from a three-week low due to improved risk sentiment as US-Europe tensions over Greenland eased. President Trump backed away from imposing additional tariffs and ruled out military action, indicating a framework for future negotiations. Most stocks gained, with Enel, Poste Italiane, STMicroelectronics, Banca Mediolanum, and Telecom Italia seeing notable increases, while Leonardo's shares fell by 2%.
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