^IBEX - IBEX 35.
| Previous close | 9,004.20 |
| Open | 9,016.50 |
| Volume | 182,235,085 |
| Day's range | 8,963.80 - 9,049.70 |
| 52-week range | 8,286.20 - 9,665.40 |
| Avg. volume | 164,797,734 |
- Reuters
European shares end lower as Fed optimism short-lived; banks outperform
Powell said trade uncertainties and concerns about the global economy continue to weigh on the U.S. economic outlook and the U.S. central bank stands ready to "act as appropriate" to sustain a decade-long expansion. Markets jumped on the comments as sufficiently dovish pushing the S&P 500 above the 3,000 mark for the first time and sending most European indices into positive territory. The optimism was however, short-lived with all major indices slipping back into negative territory and the pan-European index STOXX 600 closing 0.2% lower.
- Reuters
Washington's Huawei reprieve triggers relief rally in bruised EU chip stocks
Shares in European semiconductor companies, one of the most sensitive sectors to the global trade tensions, recovered from their worst day in 4-1/2 months on Tuesday after the White House backtracked overnight on tough limits on China's Huawei. AMS, STMicroelectronics and Germany's Infineon shot higher - between 2-5.6% - in early deals after Washington temporarily eased trade limits on China's Huawei Technologies, in a move aimed at minimising disruption for its customers. The technology index was up 1% at 0741 GMT, recovering some of the 2.8% lost on Monday as investors shunned the sector amid worries that Huawei suppliers would lose business or have to sever ties with the world's No. 2 smartphone company due to tough U.S. restrictions imposed last week.
- Reuters
European car stocks surge on renewed hopes of delay to U.S. tariffs
European autos stocks surged on Wednesday after Bloomberg reported, citing sources, that U.S. President Donald Trump plans to delay imposing threatened tariffs on car imports as the White House focuses on its spat with China. Europe's autos and suppliers index jumped, up as much as 2.2%, after the report which follows a Reuters report last week that automakers expect Trump to delay his decision on car tariffs for up to six months.
ReutersEuropean stocks outperform Wall Street as China trade row intensifies
Since U.S. President Donald Trump's tweets derailed U.S.-China trade talks ten days ago, European stocks have outperformed Wall Street in a sign that investors are pinning their hopes on the region's battered equities weathering the protracted trade spat. Both the pan-European STOXX 600 and the S&P 500 have fallen since May 3, the trading session before Trump slammed China on trade and threatened more tariffs on billions of dollars of imports from the world's No. 2 economy. The index also displayed resilience to heavy losses overnight on Wall Street after Beijing retaliated against Washington's latest salvo in the trade row.
- Reuters
UBS WM cuts emerging markets exposure as U.S.-China spat flares up
UBS Wealth Management cut its exposure to emerging market stocks and bonds late on Thursday, changing its portfolio as an intensification of China-U.S. trade tensions bruised markets, the asset manager said in a note on Friday. UBS WM closed its overweight position in EM equities relative to Swiss equities, chief investment officer Mark Haefele said in the note.
FX EmpireTrade Talks Stall, Global Equities Dive, Global Growth At Risk
Trade talks break down, global equities plummet, the global growth outlook is in danger.
- FX Empire
Futures Flat After FOMC Statement, Global Markets Mixed, Wage Inflation Eases In U.S.
Futures fall despite good labor data. Earnings and outlook weigh on sentiment.
- FX Empire
The U.S. Labor Market Surges, Mayday In Europe, FOMC Meeting In Focus
The U.S. Labor Data is much better than expected and the indices move higher. Earnings and the FOMC are also in focus.
- FX Empire
Futures Flat, Traders Eye Earnings, Global Economic Expansion Continues
Global markets mixed as traders wait on a flood of earnings reports and a policy statement from the FOMC.
- Reuters
Global stocks climb as S&P 500 hits record, oil steadies after selloff
A jump in U.S. consumer spending propelled U.S. shares to a record high on Monday and global equities edged upwards, helping offset a weak euro zone sentiment survey and political uncertainty over Spain's elections. Major U.S. indexes advanced modestly, with the S&P 500 topping its intraday record of 2,940.91 set on Sept. 21 with a session high of 2,949.52. Both the S&P and Nasdaq closed at record levels again on Monday.
- Reuters - UK Focus
GLOBAL MARKETS-Stocks climb as S&P 500 hits record, oil steadies after selloff
A jump in U.S. consumer spending propelled U.S. shares to a record high on Monday and global equities edged upwards, helping offset a weak euro zone sentiment survey and political uncertainty over Spain's elections. Major U.S. indexes advanced modestly, with the S&P 500 topping its intraday record of 2,940.91 set on Sept. 21 with a session high of 2,949.52. Both the S&P and Nasdaq closed at record levels again on Monday.
- Reuters - UK Focus
GLOBAL MARKETS-Stocks edge up as S&P 500 hits record, oil pares losses
Global shares edged higher on Monday as the S&P 500 touched an intraday record after a jump in U.S. consumer spending helped offset a weak euro zone sentiment survey and political uncertainty in the wake of Spain's elections. Major U.S. indexes advanced modestly, with the S&P 500 topping its intraday record of 2,940.91 set on Sept. 21 with a session high of 2,946.23. Economic data showed U.S. consumer spending surged 0.9% in March, the most in more than 9-1/2 years, although inflation remained subdued, supporting the U.S. Federal Reserve's recent decision to hold off on further interest rate hikes this year.
FX EmpireTraders Brace For Big Week, Global Markets Mixed, The FOMC Is On Tap
Global equites are mixed as traders brace for earnings, an FOMC meeting, and a round of important economic data.
- Reuters - UK Focus
GLOBAL MARKETS-Global shares turn flat as sentiment wanes
Global shares were steady on Monday as a weak euro zone sentiment survey and political uncertainty in the wake of Spain's elections proved a drag on earlier gains driven by strong economic data out of China and the United States. European shares, which had firmed at the open, were hit by uncertainty related to the formation of a government in Spain and weak euro zone economic sentiment data that exacerbated fears over slowing global growth.
- Reuters - UK Focus
GLOBAL MARKETS-Global shares advance on data boost from U.S., China
Global shares rose on Monday, aided by data showing profits at Chinese industrial firms grew for the first time in four months and a strong reading of U.S. first quarter growth data last week. Most major European stock markets traded firmer, with the pan-European STOXX 600 index up 0.1 percent. Spain's IBEX 35 index underperformed peers, however, down over half a percent after Prime Minister Pedro Sanchez overcame a challenge from right-wing nationalists in elections on Sunday.
