FTSE MIB falls around 1.3% at midday as tech sell-off spreads
Published on 11/06/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE MIB under midday pressure
- The FTSE MIB was down around 1.3% at the halfway point of trading on Friday, November 6.
- European equities weakened after a sharp technology sell-off on Wall Street and in Asia.
- Investors were concerned that tighter US artificial-intelligence regulation could slow data-center investment.
The FTSE MIB was down around 1.3% at the halfway point of trading on Friday, November 6, according to ANSA. The Italian blue-chip index was extending the previous session's decline as investors reduced exposure to risk assets across Europe.
Global technology sell-off weighs
The move followed heavy losses in technology stocks on Wall Street on Thursday and a sharp fall in Asian markets on Friday. ANSA linked the broader market turmoil to concerns that the Democratic victory in the US midterm elections could lead to tighter regulation of artificial intelligence and slow the data-center investment boom.
The pressure was broad across Europe. ANSA reported declines of about 1.8% in Paris, 2.2% in London and 2.3% in Frankfurt at the same point in the session. The FTSE MIB had opened at 49,880.3 points at 09:12 Rome time, down 1.24% from its previous close of 50,505.87, according to UCapital Markets.
Financials add to Milan weakness
Within Milan's market, ANSA said Nexi was down 3.9%, Saipem was losing about 3% and Generali was 2.8% lower. The report also described the BTP-Bund spread as stable around 110 basis points while the euro was weaker against the US dollar.
Thursday's FTSE MIB close of 50,505.87 points represented a 1.03% decline. Il Sole 24 Ore attributed that session's weakness mainly to technology and defence stocks, with semiconductor shares among the largest decliners. For investors, the midday reading pointed to continued sensitivity to global technology sentiment, while the final direction remained dependent on developments in US markets and further trading in Milan.
Weitere Nachrichten zum FTSE MIB finden Sie auf der FTSE-MIB-Themenseite.
