Ibex 35 Suffers Worst Drop Since April on AI Bubble Fears — What to Know Before the November 19 Open
The Ibex 35 plunged 2.14% to 15,827 on Tuesday, its steepest daily drop since April and fourth straight loss, wiping out nearly 4.8% in four sessions. All 35 stocks closed lower, led by banks and travel companies, amid global fears over an AI tech bubble, falling cryptocurrencies, and uncertainty about U.S. rate cuts. Despite the slide, the index remains up about 36% for the year.