Ibex 35 began Tuesday trading with a modest advance, climbing 0.85% to hover around 7,619 points as the session opened at 9:01 am, following a positive momentum carried from Wall Street where major US indices closed higher. The day kicked off with a tone of cautious optimism, mirroring the global market mood after yesterday’s gains on the American equity market.
In the United States, the Dow Jones Industrial Average finished the session with a solid gain of 1.86%, the S&P 500 rose 2.65%, and the Nasdaq Composite added 3.43%. Those moves reflected a broad risk-on sentiment across large cap, growth, and technology stocks, influenced by expectations around corporate results, macro data, and inflation dynamics that guide central bank policy.
Back home, the Madrid Stock Exchange maintained its upward trajectory, trading above the 7,600-point psychological level following a prior day rise of 2.37%. Investors weighed inflation pressures, policy guidance from central banks, and a slower domestic economy against the backdrop of global liquidity and corporate earnings signals. The index performance suggested renewed appetite for equities amid renewed confidence in a gradual economic stabilization.
During the initial phase of Tuesday’s session, a number of leading shares showed strength. Amadeus led with a notable gain near 3%, while fashion group Inditex, bank Santander, construction and infrastructure firm Sacyr, telecommunications group Telefónica, Banco Sabadell, BBVA, and energy major Repsol all posted positive movements ranging from roughly 0.5% to just under 3% as buyers stepped in across sectors.
Across Europe, broader markets followed a similar pattern, with Frankfurt edging higher by around 1%, followed by gains near 0.8% in Paris and London. The latest price action pointed to a synchronized regional rebound as investors reassessed growth prospects and the potential impact of policy normalization cycles in major economies.
Turning to commodities, the Brent crude benchmark for Europe advanced to about $92 a barrel, marking a gain of roughly 0.49% for the session, while the Texas Intermediate crude grade rose to around $85, up about 0.56%. Energy markets remained sensitive to geopolitical developments and supply-demand dynamics, which continue to influence pricing in the near term.
In the currency market, the euro traded around 0.986 against the US dollar, reflecting ongoing interest rate differentials and market expectations for monetary policy. Spain’s risk premium hovered near 116 basis points, signaling investors’ perceived risk environment in the sovereign debt space. The yield on the ten-year Spain bond was approximately 3.461%, a reflection of the evolving debt market conditions and the broader macroeconomic backdrop.