The market that remains basically waiting to see what impact the U.S. inflation data will have on the course of Fed-led monetary policy.

Also driving the market today are specific cues related to the flow of corporate results.

Around 10:10 a.m., the FTSE Mib index is flat.

Among the highlighted stocks:

Among banks, today is BPER's day, which soars more than 2 percent after above-expected results. On the other hand, it retracts on realizations BANCO BPM (-1.1%) after yesterday's run also on the quarterly report. BANCA MPS also remains weak today, while POPOLARE SONDRIO (-3.3%) and CREDEM (-1.9%) are down sharply despite results above market expectations.

After yesterday's -5.7 percent thud, FINECOBANK also remains weak today down 0.5 percent in the wake of its quarterly report and revised 2023 estimates on net interest income. Intesa Sanpaolo analysts point out that "the main driver of the stock's decline is the revision of Nii guidance."

Cues on TIM up more than 2 percent with the stock still reeling from press rumors on the network issue. Quarterly results are expected today.

Well DIASORIN, which jumps 1.6 percent on the heels of quarter results that saw revenues in line with expectations.

Finally, down sharply UNIEURO, which retreats 7.5 percent after FY2022-23 results. Banca Akros rates the results "broadly in line with higher net income thanks to lower nonrecurring costs. Dividend also in line at 49 cents, Akros estimated 50 cents."

(Giancarlo Navach, editing Stefano Bernabei)