The Spanish stock market rose 0.41% due to the fall in oil prices (-3.6%) awaiting the Fed's decision.

European stock markets closed positively on Wednesday, driven largely by external economic factors as investors awaited the upcoming interest rate decision from the United States Federal Reserve. In Madrid, the Spanish stock exchange rose by 0.41 percent to reclaim the 19,600-point threshold. This upward movement was specifically supported by a 3.6 percent decline in the price of crude oil.

Simultaneously, financial markets across the continent monitored the US central bank's impending policy announcements regarding potential rate hikes aimed at combating inflation. In Italy, the Milan Stock Exchange also finished the Wednesday session in positive territory, with its selective FTSE MIB index gaining 0.8 percent to approach the 52,000-point mark at 51,969.12 points.