IBEX 35 drops 1.2 percent as bond pressure and oil drag midday
Published on 10/08/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The IBEX 35 traded at 18,893 points at 12:18 p.m. CEST on October 8, 2026, down 1.2 percent as higher oil prices, global bond pressure and the previous evening's Federal Reserve minutes weighed on Spanish equities, Democrata reported.
Oil and bond pressure drive the decline
The index opened at 18,920 points after an early reading of 18,932 points, down 1.0 percent, as Brent crude rose to USD 103.2 per barrel. The morning range extended from 18,877 to 18,972 points, according to Bolsamania.
The Federal Reserve's minutes said several officials supported preparing for possible Treasury-market stress, while most participants saw another rate increase as appropriate by year-end, Reuters reported. The Fed's official release is available from the Federal Reserve.
Banks lead early stock moves
Repsol gained 1.0 percent in the opening snapshot, while Santander fell 2.2 percent. ArcelorMittal declined 2.1 percent, CaixaBank lost 1.6 percent and Acerinox fell 1.6 percent, according to Democrata.
What comes next
U.S. initial jobless claims were scheduled for 8:30 a.m. ET on October 8, followed by wholesale-inventory data and a 30-year Treasury bond auction at 12:00 p.m. ET. The day's calendar was summarized by XTB.
