The Ibex 35 has closed the session this Wednesday with a fall of 1.12%, which has led the selective of the Spanish stock markets and markets to stand at 9,163.5 points, in a day marked by uncertainty about the negotiations of the debt ceiling in the United States.

Investors are still pending negotiations in the North American country with the aim of approving raising the debt ceiling and avoiding the ‘default’ that would occur on June 1 if an agreement is not closed.

“For the moment the positions remain at odds and the Republicans are trying to reach an agreement that limits spending before accepting a rise in the debt ceiling,” say the experts at Renta 4.

In addition, the markets are also watching the conflict between the US and China in the microchip sector. The spokeswoman for the White House, Karine Jean-Pierre, yesterday criticized the “attacks” of the Chinese authorities on US companies, after the Chinese technology regulator has vetoed the purchase of products manufactured by the US company Micron Technology.

In the ‘Old Continent’, it was revealed today that the CPI for the United Kingdom for April stood at 8.7%, compared to the 10.1% registered in March, although this slowdown was thus less than expected by the consensus of analysts, who anticipated an inflation rate of 8.2%. Furthermore, core inflation, which excludes the volatility of energy, food, alcohol and tobacco prices, accelerated in April to 6.8%, six tenths more than in March and its highest level since March 1992.

Another notable reference is the confidence index for German businessmen, prepared by the Munich Institute for Economic Research (Ifo), which registered its first decline in May, after accumulating six consecutive months of growth, since it has stood at 91.7 points from 93.4 last month.

In this context, only five stocks closed the day positively: Acciona Energías Renovables (1.26%), Rovi (1.07%), Bankinter (0.69%), Repsol (0.30%) and Telefónica ( 0.05%).

On the other hand, the values ​​that have registered the most pronounced decreases in the session of this Wednesday have been Grifols (-3.37%), Solaria (-3.08%), Banco Santander (-2.59%), BBVA (-2.34%), Banco Sabadell (-2.28%), Meliá (-2.27%) and Colonial (-2.21%).

Pessimism among investors has not been exclusive to the Spanish parquet, but widespread in the rest of Europe. Frankfurt has fallen by 1.92%; Paris, 1.70%; Milan, 2.39%; and London, 1.75%.

At the close of the trading session, Brent a barrel rose 1.74% to $78.18, while West Texas Intermediate advanced 1.88% to $74.28.

In the debt market, the yield on the 10-year Spanish bond stood at 3.536%, from the 3.518% registered at the close of Tuesday. Thus, the risk premium has risen by one and a half points, to 106.4 basis points.

In the foreign exchange market, the euro fell 0.09% against the dollar, to 1.0761 ‘green tickets’ for each euro.