Tuesday, 31 October 2017

Markets mixed, Spanish stocks surge

Markets were mixed on Monday.

The S&P 500 fell 0.3 percent after a report showed that the House of Representatives is considering phasing in a cut to corporate taxes rather than enacting them immediately.

The STOXX Europe 600 rose 0.1 percent. Spain's IBEX 35 led the rise, jumping 2.4 percent after the Spanish government ousted leaders in Catalonia on Friday in reaction to separatist lawmakers declaring the region an independent republic.

In Asia, the Nikkei 225 was flat but the Shanghai Composite fell 0.8 percent.

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