The Spanish bag is positioned with a magnificent resilience, Despite their cuts, in a debacle session on Wall Street and in which investors rush for two reasons that are actually concentrating on one: the first, is the negative impact on the world economies of the Hondonada launched yesterday by the US president, Donald Trump, from the White House, against the rest of its commercial partners Given the imposition of high tariffs, of 10% global, 20% for the EU and 34% for China.
The second, The fear of a US recession and that, therefore, affects the rest of the world.
And everything translates into Aggressive sales on Wall Street, with the greatest fall in two years for the S&P 500 At the moment and cuts for the three main indicators of the American market of between 3.5% for Dow Jones and 4.7% for Nasdaq.
An effect that has focused, which effect dominated first in Asia and in the rest of European squares, of which Frankfurt, but above all Madrid, are the least affected.
Even so, the IBEX 35 closes this post-anceles session with 1.19% cuts to 13,191.20 points, due to the falls of Solaria 5.38%, Cellnex 5.22% and Indra 4.43% and the increases that experience values such as Arcelor 6.61%, Acerinox 6.38% and IAG (Iberia) 5.77%.
Today almost all values are protagonists within the Spanish selective, for their own reasons and for their quasi -individual impact, and not necessarily by sectors, of the imposition of US tariffs.
Among the worst of the day, Banking was firstthat in the end it is the one who has decided, given its strong weighting in the market, that the Spanish selective is the least impacted by the cuts. Because we talk about a sector that has fallen to lead worldwide, with cuts far superior to those of the Spanish selective ..
Despite the impact, with cuts for a whole sector that is attached to direct fear of the recession For chemically pure values in terms of consumption and growth effect such as that today global investors read with their sales. In fact, two of them, Banco Sabadell and BBVA have lower losses, in the face of lead cuts of the value of the most affected sector, Banco Santander, basically because of their global presence.
More than important impact for IAG (Iberia), between the waters of the Chinese effect of tariffs and transatlantic routes, with great predicament of British Airways as well as, to a lesser extent of Amadeus in the face of the impact on general consumption and the penalty on both business and global leisure trips.
Also for Acerinox steel, and above all arceormittal that together with the continuous market have strongly suffered the entry into force of the already known 25%steel tariffs.
In the same way Inditex is affected downward, but also the oil company repsol before the debacle, which has come to exceed 6% for the crude to the news that eight producers have accelerated the increase in production within the OPEP+, among them, the world’s principal, Saudi Arabia.
But perhaps, the most impact of everything, on this first day after the announcement, Be the amount and the number of values with wide profits of some companies in the Spanish Stock Exchange. The debt lead falls, with profitability that cut up to 3% in Germany and exceeding 4.4% on the edge of 4% for the American bonus to 10 years, have benefited the most indebted values of the market.
With Solaria at the head, Cellnex, acts renewable energy, among others, rose strongly when the costs of their current leverage were reduced. A first -order financial relief that has been awarded in the market.
Also the utilities with Iberdrola exceeding the annual gains of the Ibex in the accumulated of 2025 along with a indra that again, given the global geopolitical situation, wins traction in the Spanish Stock Exchange.
Already in the rest of Europe, Significant increase for the most defensive sector and benefited by debt fall, utilities against energy, industrial values and cyclical consumption with very significant cuts. Among the values, they are saved National Grid, Iberdrola and Enelwith strong advances, and despite the lead falls of The Switzerland, the British HSBC and the German Siemens.
At the close of the market, the EURO STOXX 50 loses 3.65% to 5,110 points, CAC 40 drops 3.31% to 7,598 points, the Dax yields 2.94% to 21,719 points, and the London session ends for el FT 100 with 1.59% cuts to 8,471 points.
A Wall Street, The fear of the recession is written with capital letters, with the collapse of the Dow Jones that yields, at the close of the Spanish market more than 1500 points while the S&P 500 records its greatest fall in 2 years and the Nasdaq even collapses, intradic, at its highest level from the pandemic.
Among the most affected values, Apple, which collapses 8.6% to half session the Cupertino company had transferred part of its production of China’s popular iPhone to India to avoid previous tariffs, And now he meets a 27% reciprocal rate to imports from this country. Vietnam, where the company now manufactures some AirPods, iPads, Apple Watches and Macs, will be affected by a 46%tax. The same goes for plants in Malaysia, Thailand or even Ireland.
At the close of the Spanish Stock Exchange, Dow Jones Indege yields 3.34% and is placed at 40,813 points, with a S&P 500 that drops 4.06% to 5,438 points and a Nasdaq OMX that cuts 5.33% to 16,660 points.
Already in the fixed income, the profitability of the assets fall strongly, with 1.70% cuts the Spanish bonus to 10 years to 3,293% While, the German BUND places its performance in 2,6350% and drops 3.28%. The risk premium grows exponentially, 6.4% to 65.65 basic points.
In oil, vertiginous descents with The Brent that lies below $ 70, in the $ 69.84 and lowers 6.83%, given the increase in production agreed by 8 large members of the OPEC + And for the West Texas, which, in this case, cuts 7.46% to $ 66.36. Gold futures also take benefits, with falls of 1.03% to $ 3,133.61.
The euro dollar rises strongly today, about 2% to 1,1071 units. With Bitcoin also collapsed, with 5.9% cuts to 81,807 dollars per active.