Spain's Ibex 35 wavers on losing 19,000 points amid AI fears and European bank selloff
European stocks face a fresh wave of selling that drags the Ibex 35 and the EuroStoxx 50 down more than 1.5%, and the Spanish index wavers on giving up 19,000 points amid renewed investor fears over the artificial intelligence sector and its high valuations. Eurozone sovereign debt yields and a rising Brent, up more than 2.5% to $112, also weigh. Pressure in fixed income hits banks, with Bankinter down 6%.
In 35 seconds
- The Ibex 35 and EuroStoxx 50 fall more than 1.5% and the Spanish index wavers on losing 19,000 points
- Fears over high AI valuations and pressure on European sovereign debt hit the financial sector
- Bankinter falls 6% in the session, followed by CaixaBank (3.5%), Santander and Unicaja (around 3%) and BBVA (2.5%)
IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.




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