Market Turbulence Hits Spain's IBEX 35

The IBEX 35, Spain's premier stock market indicator, experienced a significant downturn, dropping over 6% this Friday. This decline is part of a broader market turbulence affecting global financial markets.

Global Reactions to Trade Policies

Recent announcements by US President Donald Trump, including a Victory Day declaration and the introduction of new customs duties, have sent shockwaves through financial markets worldwide. In response, Spain's Prime Minister Pedro Sanchez has announced a substantial €14.1 billion stimulus package aimed at cushioning the local economy from the impact of these international trade tensions.

Current Market Status

As of 12:59 pm CET, the IBEX 35 was down by 6.41%, settling at 12,367.00 points. This marks a concerning trend for investors and market analysts alike.