Ibex 35 falls 2.35% this week, halting its advance due to geopolitical tensions
Ibex 35 closes the week down 2.35% at 19,384.7 points, weighed down by tensions between the US and Iran.
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Brent trades between $76 and $77, gaining weekly due to US-Iran clashes in Hormuz, though oversupply limits rises.
Ibex 35 closes the week down 2.35% at 19,384.7 points, weighed down by tensions between the US and Iran.
The dollar falls for the second consecutive session due to escalating tensions between the U.S. and Iran and strong employment data.
The IBEX 35 falls by 2.73% to 19,104 points, its largest drop since March, due to tensions between the US and Iran and Trump's threats to Spain.
The euro drops to $1.1408 after the ceasefire with Iran ends, with Brent oil surging by 6%.
The Ibex 35 rises after the peace agreement between the US and Iran, led by tourism and airlines like IAG and Amadeus.