Business · Markets · 9 hrs ago
Ibex 35 holds near 20,000 points as investors weigh Nvidia and Fed risks
Spain’s Ibex 35 rose about 3.2% this week, consolidating near 20,000 points as energy stocks helped support gains.
The market rally came despite turmoil at Nvidia, where Jensen Huang left his CEO role on Thursday amid a scandal involving alleged technology espionage.
The company is central to the US-China technology rivalry because of its role in the global race for artificial intelligence.
Stocks also rose in the United States and Europe, even as Microsoft services suffered a worldwide outage lasting 18 hours.
Investors are increasingly concerned that US inflation may prompt further rate rises by the Federal Reserve.
Fed officials have said controlling prices remains a priority, and investors have increased their bets on a possible 50-basis-point rise in December.
That would be the biggest increase since 2022, but the size of the Fed’s next move remains uncertain.
Spain’s Ibex 35 rose nearly 3.2% for the week, consolidating near 20,000 points.
Energy companies supported the index late in the week.
Investors weighed turmoil surrounding Nvidia and renewed concerns that the US Federal Reserve may raise interest rates more sharply.
US inflation and producer-price data strengthened expectations of further rate increases.
European and US shares also posted weekly gains despite the risks.
- Who
- Investors in Spain’s Ibex 35 and other stock markets.
- What
- The Ibex 35 rose nearly 3.2% over the week and held near 20,000 points.
- When
- The week ending Friday, November 13, 2026.
- Where
- Spain, with developments also affecting US and European markets.
- Why
- Energy shares supported the Ibex, while investors weighed the Nvidia turmoil and concerns about further Federal Reserve rate increases.
This story does not have two clearly opposing sides.
US October inflation data reinforced expectations of further Federal Reserve rate increases.
Jensen Huang was no longer Nvidia’s chief executive, according to the article.
US producer-price data added to concerns about inflation and the possibility of further rate increases.
The Ibex ended the week up nearly 3.2%, consolidating near 20,000 points.
- Ibex 35 weekly gain
- Nearly 3.2%
- Ibex 35 level
- Near 20,000 points
- US October inflation data
- Published early in the week
- Possible December rate increase
- 50 basis points
- Nvidia chief executive
- Jensen Huang, until Thursday