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The Italian stock market traded modest gains of 0.4% on Friday, hovering around 40,500, as investors digested a mixed batch of macroeconomic data. In the US, the economy added 139,000 nonfarm payrolls in May, beating expectations of 126,000. In Europe, the Eurozone’s Q1 GDP was revised up to 1.5% from 1.2%, but employment rose just 0.2%, and retail sales disappointed with a 0.1% monthly gain. Trade concerns lingered after a Trump–Xi call failed to ease tensions. In Milan, the highlight is pharmaceutical firm Recordati Ord, which gained nearly 3% after a price target hike. Meanwhile, both A2a and Unipol were up arround 1.3%, with Moncler (1.2%) closing the top four.