The FTSE MIB rose by 0.6% in early trading on Friday, extending gains for a fourth consecutive day and hovering at its highest level since January 2008. Signs of cooling inflation in both Europe and the U.S. rekindled hopes for further rate cuts this year, with a more accommodative policy stance from the European Central Bank compared with the Federal Reserve. However, concerns linger around the incoming Donald Trump administration's potential tariffs and their impact on European economies. Among individual stocks, Stellantis was the standout performer, leading the market upturn with a 3.8% jump. Other notable gainers included STMicroelectronics (1.8%), Prysmian (1.7%), and Bper Banca (1.9%). The index is on track for its second consecutive weekly gain.
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