On Wednesday, the Spanish stock exchange (La Bolsa) managed a modest increase of 0.1%, decoupling from the downward trend seen on Wall Street. This resilience occurred despite the release of data showing that the US Consumer Price Index (IPC) grew more than expected in September.
The higher-than-anticipated inflation figures in the United States have increased the likelihood of further interest rate hikes by the US Federal Reserve, prompting the decline in Wall Street markets. Nevertheless, the Spanish benchmark index closed the session with a slight gain.
In-depth summary · AI, neutral