Spain's Ibex 35 falls below 19,000 points in a bearish open shaped by the Fed
Spain's Ibex 35 opened Wednesday's session down 0.48% at 19,068.9 points, but shortly afterwards widened its losses to 1.2% and lost the 19,000 mark, standing at 18,934. Markets are awaiting corporate earnings and the Federal Reserve's decision, which analysts expect to leave rates unchanged after the hike at its previous meeting. Brent rose 2.1% to $116.1 and WTI gained 2.2% to $102.1.
In 35 seconds
- The Ibex 35 opened down 0.48% at 19,068.9 points and later widened losses to 1.2%, to 18,934
- Analysts expect the Fed to keep rates unchanged at this meeting, after the first hike in more than three years
- Brent rose 2.1% to $116.1 and WTI gained 2.2% to $102.1 per barrel
Read the full story at Valencia Plaza
IASummary generated by artificial intelligence from a story by Valencia Plaza. It may contain errors: the original source prevails.
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