Spanish stocks edged lower Thursday, catching their breath after the prior day’s rally that was sparked by worries abating over Catalonia’s independence push, while Europe’s main equity benchmark struggled for direction, writes MarketWatch.

What stocks are doing: Spain’s IBEX 35 index fell 0.1% to 10,270.70, erasing a bit of Wednesday’s 1.3% gain. That advance came after Catalan President Carles Puigdemont on Tuesday suspended the independence process for the region, though Spanish Prime Minister Mariano Rajoy responded by suggesting that he’s edging toward suspending Catalonia’s autonomy.