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The Spanish stock market starts the session with a fall of 0.28%, awaiting the Fed

The Spanish stock market starts the session with a fall of 0.28%, awaiting the Fed

The Spanish stock market starts the session with a fall of 0.28%, awaiting the Fed

The Spanish Stock Exchange The stock market opened on Tuesday with a fall of 0.28% despite the highs reached by the S&P 500 and the Nasdaq on Wall Street and by the Nikkei in Tokyo, and on a day in which the market awaits the appearance of the president of the Federal Reserve (Fed), Jerome Powell..

In the early stages of the day, the IBEX 35the main Spanish index, is trading at 10,988.8 points after losing 0.28%. The accumulated gains for the year are reduced to 8.75%.

The Spanish Stock Exchange This Tuesday it opted for a negative trend after closing almost flat yesterday, with a slight fall of 0.01%.

Regarding the closing of this Monday, July 8, it fell by 0.01% conditioned by the doubts of Wall Street and the decline of most of the major stocks, according to market data. The main indicator of the national stock market, the IBEX 35, lost 1.4 points, that is 0.01%, to 11,022.1 points. This year it has accumulated a rise of 9.11%.

Without much influence on the outcome of the French elections, Spanish Stock Exchange The pair rose by nearly 1% during the morning session but ended with a slight drop after Wall Street’s gains at the opening (0.25%) were about to disappear by the national close. The barrel of Brent crude oil fell by 0.31% and was trading at 86.27 dollars.

Among the major stocks, Repsol fell by 1.84% (third largest drop on the IBEX); BBVA by 0.42%, Iberdrola by 0.29% and Telefónica by 0.2%. Inditex gained 0.42% and Banco Santander by 0.06%.

Source: Elcomercio

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