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El Ibex 35 abre sin rumbo fijo a la espera de la cumbre entre Xi y Trump
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Spain's Ibex 35 stock index opened flat today as traders held their breath ahead of a key summit between Chinese leader Xi Jinping and US President Trump scheduled for Thursday. The Madrid index recently bounced back above 19,700 points, a level investors hope to solidify, but caution is winning out until the US-China talks take place Diario de Mallorca.
Madrid's Index Steadies After Breaking Through 19,700
The Ibex 35 recovered above the 19,700-point level in recent trading, marking a significant technical milestone for Spain's main stock market El Periódico. This bounce represents the index's attempt to consolidate gains and establish a new floor for buying. Traders are watching closely to see if this level holds as a support point for further upside moves.
Xi-Trump Summit Creates Uncertainty for Global Markets
The upcoming diplomatic talks between China and the United States this Thursday are weighing on investor sentiment across European markets, particularly in Spain La Provincia. Trade tensions between the two largest economies have rattled investors for months. Traders are holding back from making big bets until they see what emerges from the meeting.
Cautious Investors Wait for Policy Signals
Market participants are taking a wait-and-see approach ahead of the China-US summit, limiting big moves in the Ibex 35 Levante-EMV. The direction of trade policy and relations between Washington and Beijing could reshape investment strategies across all global markets. Until clearer signals emerge from Thursday's talks, Madrid's index is likely to remain choppy and range-bound.
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