Bearish
IBEX 35 declines 0.39% to 19,210.7 amid tech sector concerns and rising oil prices.
The IBEX 35 index closed lower on October 13, 2026, influenced by renewed fears of a technology sector downturn and escalating oil prices. Asian markets experienced declines due to apprehensions over artificial intelligence advancements, while the Brent crude oil price surpassed $106 per barrel, adding inflationary pressures.
Key points
- Technology sector concerns lead to market sell-off.
- Brent crude oil price exceeds $106, fueling inflation worries.
- Upcoming U.S. inflation data and corporate earnings may influence market direction.
Sources
- Las Bolsas europeas pinchan ante el frenazo del entusiasmo por la IAEl País · October 13, 2026
- El alza del crudo y la fragilidad de la deuda dañan el optimismo bursátil, y Wall Street cierra con pérdidasEl País · October 12, 2026
- Las Bolsas europeas pinchan ante el frenazo del entusiasmo por la IAEl País · October 13, 2026
AI-generated from public news sources. Not financial advice.
