Ibex 35 drops 0.1% and says goodbye to 9,500 points

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HE mountain goat 35 started the session this Tuesday 0.15% reduction, what led to Selective to lose 9,500 points level after closing yesterday at 9,511 integers, the highest since the end of February 2020.

Specifically, the Madrid selector started the session at 9,496.5 points on a day when the head of the Federal Reserve (Fed) emerged. Jerome PowellIt’s before the Senate Banking Committee where the Fed may hint at what position it will take at this month’s rate hike meeting.

Investors are also watching some macro references such as: Industrial production in SpainGerman factory orders and the Spanish Treasury auction, which is expected to settle between 4,500m and 5,500m euros in 6 and 12 month bonds this Tuesday.

In the early stages of this Tuesday’s session biggest increases recorded by Repsol (+0.4%), Bankinter (+0.26%) and Logista (+0.26%), on the opposite side IAG (-0.77%), Fluidra (-0.60%), Telefónica (%) -0.58%), Amadeus (-0.50% and Grifols (-0.4%).

the rest european stocks They also opened lower: London and Frankfurt lost almost 0.1%, while Paris and Milan lost 0.2%.

Likewise, the barrel price Brent quality oilA benchmark for the Old Continent, it was up 0.3% to trade at $86.45, while Texas was up 0.3% at $80.70.

While the price of the euro against the dollar in the foreign exchange market was at the level of 1.0682 ‘green ticket’, the interest required for the ten-year bond in the debt market decreased to 3.742 percent.

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