Spanish stocks bounced higher on Wednesday, as worries over the standoff between Catalonia and Madrid eased, after Catalan leader Carles Puigdemont suspended independence plans for now, writes MarketWatch.
What stocks are doing: The IBEX 35 index rallied 1.6% to 10,301.50. The Madrid benchmark was rebounding from a 0.9% loss on Tuesday, when concerns over an escalation in Spain’s political crisis blunted the appetite for investing.
