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Ibex 35 falls weighed down by Fluidra and BBVA despite inflation data
Ibex 35 drops due to Fluidra (-2%) and BBVA, while inflation in Spain remains high. Grifols rises over 1% and PayPal receives a $53 billion bid.
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Ibex 35 falls 0.42% to 19,275.50 points due to geopolitical tension and oil above $83. Fluidra, Repsol and BBVA lead the declines.
Ibex 35 drops due to Fluidra (-2%) and BBVA, while inflation in Spain remains high. Grifols rises over 1% and PayPal receives a $53 billion bid.
Over $60 trillion will pass to millennials and Gen Z by 2048, according to Cerulli. Young people favour cryptos, ETFs, and alternative assets.
Bank of America warns that speculation has reached extreme levels and predicts a 5% drop in the S&P 500 by year-end.