Markets Make Another Big Push Higher — Italy Surging

formula one race cars

News of a short-selling ban officially going into place in parts of Europe is helping.

Italian stocks are up 2.5% (after basically being flat earlier), and US futures have made a big comeback, and are now slightly higher.

Germany is up 2.5%, and France is 2% higher.

The France-German 10-year spread is also 9 bps narrower (per Bloomberg).

So for now, the rally continues.

Here’s a look at Italy intraday: