The Ibex 35 index, representing the Spanish stock market, has achieved a new historical record, closing at 18,197.9 points, a rise of 1.35% attributed to advancements in the banking sector. This surpasses the previous high of 18,195 points recorded on February 9. The increase in the Ibex coincides with a broader upward trend in both European and US markets, indicating a rebound of technology stocks amidst ongoing uncertainties surrounding artificial intelligence developments.

In the domestic context, notable individual stock performances during this session included significant gains from ArcelorMittal (+4.18%), ACS (+4.13%), and Indra (+3.59%). These increases are reflective of the overall strong performance of the stock market, which has seen robust gains particularly within the banking sector. Major financial institutions such as Santander and CaixaBank have recorded substantial increases in their stock prices, with Santander rising by 2.94% and CaixaBank by 2.73%.

This upward momentum in the Ibex 35 and the banking sector illustrates investor confidence in the Spanish economy, particularly as they await further insights from the upcoming Federal Reserve minutes. These observations may bear implications for monetary policy and investment strategies amid the evolving economic landscape influenced by technological advancements and market dynamics within Europe and beyond.