It couldn’t be. Although he has tried, The Spanish stock market is on the verge of reaching a new maximum of 18 yearsgiven the weakness in the final hour. The advances have moderated, especially among the banks, which have ruined a new record for a Spanish selective that has closed below 15,600 points.
The IBEX 35 closes the day with losses of 0.10% to 15,570.30 points, with the falls of ACS 2.57%, Cellnex 2.43% and Mapfre 2.01% compared to the gains experienced by Indra 4.15%, Puig Brands B 3.95% and also Laboratorios Rovi 2.31%.
Among the leading values, Indra. The company has highlighted in a statement that it will generate around 3,000 direct jobs in engineering and production both in the company and in its value chain in Spain thanks to the Government loans for the pre-financing of the military modernization programs that have been awarded to it.
But above all, the intraday gains above 6% have occurred after learning that the Minister of Defense, Margarita Robles, has today opened the door for Spain to spend more in this area in the future after direct criticism from Trump, speaking of punishing the country for not reaching 5% of defense spending.
In the analyst recommendations, Jefferies raises Endesa’s target price to 25 euros per share, from the previous 22.50 euros.
Furthermore, two firms speak about BBVA this day with very different signs: One assigns it a potential of more than 12.5% while another already sees its price as negative. All just two days before the result of the adhesion of Sabadell shareholders to the takeover bid proposed by the entity is known.
In the Continuous Market, all eyes remain on Viscofan after yesterday the value ended up collapsing by 13.24% after a harsh attack by Hunterbrook on a company factory in the US. Hunterbrook is not only a news outlet, but above all an investment firm and a litigation firm. Today it recovers positions, more than 4%, a rebound that occurs after the falls implemented in the morning.
In addition, Renta 4 analysts give an ‘overweight’ recommendation for DIA and an upside potential of more than 50% given expectations that its new strategic plan will accelerate growth and improve profitability.
Already in the rest of Europethe Paris stock market shines with its own light after the good reception of LVMH’s results, which has skyrocketed in the market, and given its great weight in the CAC 40, it has pulled the market and the values of the sector, with double-digit advances at the close.
Despite the global weakness of its numbers, the luxury brand owned by Bernard Arnault soars after publishing a turnover of 18.28 billion euros, which is equivalent to a decrease of 4.2% in absolute metrics. However, this data reflects a 1% improvement in organic numbers, which exclude the impact of the exchange rate and variations in the company’s accounting perimeter.
Also increases, more than 3% for the Dutch ASML after the chip maker announced that it expects 2026 sales to exceed those of 2025. «We also see that AI could add a lot of value to our products in the future. Therefore, we continue to see a great opportunity in our technological roadmap,» declared CEO Christophe Fouquet.
At the close, the EURO STOXX 50 gained 0.96% to 5,606 points, the CAC 40 advanced 2.14% to 8,088 points, the Dax gana 0.18% to 24,186 points, and the session in London closes with cuts to el FT 100 of 0.33% the 9,421 points.
And on Wall Street, American banks continue to publish good results after yesterday’s scare at the close of Trump threatening again with 100% tariffs on China.
The earliest riser has been Bank of America, which has exceeded analysts’ expectations thanks to higher-than-expected investment banking revenues. Thus, the banking giant achieved an earnings per share of $1.06 on revenues of $28.24 billion. The market had predicted $0.95 per share in earnings and $27.5 billion in revenue.
Morgan Stanley has also beaten analysts’ expectations, with earnings of $2.80 per share, above the $2.10 that analysts had estimated. Revenue increased 18% to $18.22 billionwhen the market had anticipated 16.7 billion.
While the government shutdown continues, with new verbal confrontations between Congress and Treasury Secretary Scott Bessent, who accuses Democrats of the country losing $15 billion a day to the shutdown.
All in all, the DOW JONES rises 0.61% to 46,550 points, the S&P 500 gains 0.98% and stands at 6,709 points while the innovative and technological Nasdaq OMX advances 1.25% towards new highs at 22,804 points.
Already in fixed income, important cuts to the returns of assets with the Spanish 10-year bond that places its yield at 3.09% and drops 1.56%, with falls of 1.62% for the German bund, to 2.5632%. The Spanish risk premium rose slightly by 0.06% to 52.76 basis points.
For its part, in raw materials we see falls that occur barrel futures, with Brent, the benchmark in Europe, falling 0.31% to $62.12, while those from American West Texas gained 0.41% to $58.32.
Gold Futures return to highs again with increases of close to 1.3% to $4,216 per ounce.
The Euro Dollar loses positions with the advance of the dollar, while the single currency falls 0.15% to 1.1625 units, while Bitcoin falls nearly 2% to 110,674 dollars per asset.