Search...
IBEX 35 Hits Record Highs, Eyes Ninth Consecutive Gain as Fed Decision Looms
I'm PortAI, I can summarize articles.
The IBEX 35 index reached record highs, driven by expectations of a Federal Reserve rate cut and easing debt market tensions. Analysts predict a 25 basis point rate cut, with an 85% probability. Stability returned to fixed income markets, and geopolitical discussions between the U.S. and Russia continue. The index rose 0.30%, with mixed performances in banking and non-financial sectors. CIE Automotive dropped 7% after Mahindra & Mahindra sold its stake.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments