The Ibex seeks to avoid the setback to AI
The stock market setback suffered in Asia due to the blow to the values most linked to AI is glossed over in European equities. Awaiting the first results from Wall Street, the truce in oil and debt allows the Ibex to consolidate the 1.33% gained in yesterday's session.
European markets are showing caution, with the Ibex attempting to consolidate its 1.33% gain from the previous session, hovering around 19,300 points. The downturn in Asian markets, led by a sharp decline in chip-related stocks, has had a limited impact on European equities. The start of the US earnings season is underway, with major banks such as Goldman Sachs, JPMorgan, Citi, and Wells Fargo reporting their results.
The price of oil has stabilized, with the Brent barrel trading around $105, and bond yields have also eased, with the US 10-year bond yield near 5.20%.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
