European stocks open slightly lower: Ibex falls 0.3% as Brent tops $114
European stock markets opened the last session of the week with slight losses. The Ibex falls 0.3% and trades below 18,900 points, after dropping 2% on Thursday. A heavy sell-off in technology shares and rising oil prices, with Brent above $114 a barrel, weigh on the market. Investors are seeking refuge in US debt and the 10-year Treasury yield falls below 5%.
In 35 seconds
- The Ibex falls 0.3% to below 18,900 points, after losing 2% in the previous session.
- Brent rises 0.7% and tops $114 a barrel, its highest level since late April, following Thursday's 4% gain.
- The technology sell-off deepens: China's CSI300 enters a bear market and South Korea's Kospi drops 1.5%.
IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.




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