The Ibex 35 has taken 18 years to beat its highs…and only one more day to surpass the last ones. Second consecutive day of record for the Spanish selective path of 16,100 points for the indicator, in this session that was considered a procedural matter, but that in the end has served to strengthen the positive tone already inherent in investors.
Factors like an imminent trade deal between Trump and Xi Jinpingbut, above all, also, the expected rate cut in the United States, The second in a row by investors and waiting for what Powell says delights investors who continue to buy in the market.
The IBEX 35 closed on Tuesday with gains of 0.54% to 16,087 points with the increases experienced by values such as Iberdrola 3.42%, Acciona 3.05%, and Endesa 2.03% and the falls of companies such as Cellnex 2.43%, Fluidra 1.95% and Puig 1.43%.
A leading role today for Iberdrola. The company has put on the table a net profit of 5,307.0 million euros in the first nine months of the year, with an EBITDA of 12,438.2 million. Excluding the capital gain from the divestment of thermal generation assets in the first quarter of 2024 and the contribution from the sale of smart meters in the United Kingdom in the third quarter of 2025, and adjusting for the impact of the capital allowance in the United Kingdom, adjusted net profit grew by 16.6% and adjusted EBITDA increased by +4.4%.
Furthermore, growth in the United Kingdom and the United States has Iberdrola’s investments reach a new record of 9,000 million.
Also pay attention to Indra, which has finally deflated, after a start at maximum levels, awaiting the decisions of the board of directors that is holding today.
Another of the most powerful stocks this Tuesday is Acciona, on behalf of Nordex after the upward revision of its Ebitda margin for the remainder of 2025, in a range that ranges from 7.5 to 8.5%, above its previous figures.
Regarding analyst recommendations, Citigroup raises BBVA’s target price to 19 euros per share, from the previous 18. On the other hand, JB Capital Markets raises DIA’s target price from 46.90 euros to 49 euros per share.
In the Continuous Market, it must be taken into account that Duro Felguera has presented its restructuring plan to the Commercial Court number 3 of Gijón (Asturias), responsible for its bankruptcy process, for approval, with “very broad” support from creditors and thus leaving the pre-bankruptcy that the company had requested on December 11 and extended on several occasions. Up more than 10% at closing
Meanwhile, Berkeley Energia has confirmed to the CNMV some positive results in preliminary metallurgical testing work completed on representative samples from its Conchas project (Salamanca), as part of the critical minerals exploration initiative, which evaluates the potential recovery of lithium and rubidium.
Already in the rest of Europe, the banks published with opposite signs for the two European giants. On the one hand, the plummet falls of more than 4% for BNP Paribas A has reported that in the first nine months of 2025 it obtained an attributable net profit of 9,253 million euros, which represents a decrease of 1.2% compared to the same period of the previous year.
While the opposite happens with HSBCthe largest European bank by assets, has reported an attributable net profit of 16,383 million dollars (14,077 million euros) in the first nine months of 2025. This figure represents a decline of 27.9% compared to the same period of the previous year. Despite this decrease, the entity has revised upwards its forecasts for the year as a whole.
Already in the rest of Europe, the EURO STOXX 50 fell 0.14% to 5,702 points, the CAC 40 lost 0.27% to 8,216 points, the Dax retreats 0.06% to 24,293 points, and the session in London ends for el FT 100 with gains of 0.52% to 9,704 points.
On Wall Street, almost silent highs for the indicators, with opening levels for the S&P 500 and moderate increases for Dow Jones and Nasdaq. With Microsoft over 4 billion after establishing its percentage of 27% for OpenIA, after the restructuring and recapitalization of the company led by Sam Altman and gaining access to its artificial intelligence model until 2032.
PayPal Holdings, soars almost 10% after signing an agreement with OpenAI to integrate its digital wallet into ChatGPT. The deal, sealed over the weekend, means that starting next year, both sides of the PayPal ecosystem will be able to connect to ChatGPT: PayPal users will be able to purchase items through the AI platform, and its merchants will be able to sell on it, with their inventory posted there, PayPal CEO Alex Chriss said in statements to the CNBC.
Among Dow components, insurance giant UnitedHealth rises after reporting earnings of $2.92 per share on revenue of $113.2 billion. Analysts had expected earnings of $2.79 per share and revenue of $113.06 billion.
At the close of the Spanish stock market, the indicators show gains, the DOW JONES rises 0.38% to 47,727 points, the S&P 500 advances 0.08% and stands at 6,879 points and the Nasdaq appreciates 0.45% to 23,743 points.
Already in fixed income, mixed trend at closing for asset returns, with increases of 0.10% for the 10-year Spanish bond to 3.144% while, the German bund places its yield at 2.6175% and drops 0.02%. The risk premium gained 0.61% to 52.52 basis points.
In oil, important cuts to Brent is trading at $63.89 and loses 1.54% and for West Texas, which, in this case, fell 1.78% to $60.17. Meanwhile, Gold Futures cut 1.04% to $3,977 an ounce.
The Euro Dollar with a slight increase for the single currency of 0.13%, while the dollar loses traction up to 1.1660 in its exchange with the American greenback. Bitcoin, for its part, with increases of 0.53% to $114,856 per asset.