The Ibex puts at stake the 9,100 points weighed down by the tourism sector and electricity companies

The Ibex and the rest of the European stock exchanges are trading with red numbers at this time (Ibex: -0.6%. 9,096; Cac: -0.2%; Dax: + 0.1%; Ftse 100: -0.6% ). Within the Spanish selective, the decreases in companies associated with tourism and in electricity companies stand out, which have been a very negative week after the Government's hack of their remuneration.

Finally, despite the forecasts that the Canary Islands and the Balearic Islands could be included by the United Kingdom in the list of safe destinations to travel, the British Government has kept our country on the amber list. This has led to sales in securities such as IAG, Aena and Meliá Hotels.

The macro data has been another relevant date this Thursday, with the PMI services for May in Europe and the United States. Spain's PMI has risen to 59.4 from 54.6 and from the estimate of 58 and has posted its best performance in six years. In the euro area, the services PMI has advanced to 55.2 from 50.5 previously and 55.1 expected.

In Asia, the Caixin / Markit services PMI for May stood at 55.1, down from the reading of 56.3 in April. In Japan, it was 46.5, down from the previous 49.5. We recall that PMI readings above 50 represent expansion, while those below that level signify contraction.

EMPLOYMENT IN THE USA

This Thursday, the weekly unemployment claims and the May employment report from the consultancy ADP, the main references of the day, were published in the United States.

The ADP report published this Thursday has shown that private companies have hired 978,000 people during the month of May. This is the biggest rise since June last year, after the lockdown, and a figure that has exceeded the forecast of 650,000. The April data has been revised down to 654,000 from 742,000.

In addition, the ISM American services rose in May to 64 from 62.7 and has exceeded the expected 63. Data consistent with strong economic growth. And the price component has soared above 80 points, reflecting inflationary pressures in this important sector.

As for the rest, the Fed's Beige Book highlighted yesterday that the pace of the recovery has moderately accelerated between April and May in the United States. "The national economy has expanded at a moderate rate from the beginning of April to the end of May, a somewhat faster rate than in the previous reporting period," the report explained.

At the business level, BBVA has reduced to 2,935 workers those affected by its ERE, 22% lower than its initial proposal of 3,798 terminations. The pressure from the unions has managed to significantly reduce the first figure proposed by the management.

On the other hand, the Court of Justice of the EU (CJEU) has ruled that large investors who went to Bankia's IPO in 2011 can complain to the financial institution for the information in its brochure presented to make the jump to the market .

VACCINES FOR BEERS

Joe Biden unveiled his plan for 70% of Americans to get vaccinated against Covid before the July 4 holiday during a speech delivered Wednesday afternoon.

"Today we announce a month-long effort to do everything possible to get rid of the virus," he said, according to 'MarketWatch'. "It's going to take everyone - the federal government, state governments, and local, tribal, and territorial governments, the private sector, and most importantly, the American people to reach this 70% mark and be able to declare the independence of the Covid ".

The plan includes recruiting private companies to offer incentives to get vaccinated, including a tax credit to cover the cost of providing paid time off for Americans to get vaccinated. The plan also includes brewery Anheuser-Busch's pledge to offer free beer to Americans after the country reaches Biden's target of 70%. Meanwhile, CVS has started a drawing for vaccinated individuals to win free cruises, Super Bowl tickets, and prize money, and Major League Baseball will offer on-site vaccinations at games and give free tickets to fans who accept the award. offer.

Daycare providers, such as KinderCare, Learning Care Group, YMCA, and Bright Horizons BFAM, also have agreed to offer free appointments to parents and caregivers so they can take time to get vaccinated.

OTHER MARKETS

The euro falls in value 0.68% and changes to 1.2127 dollars. Oil fell 0.1%, to $ 71.24 for Brent and $ 68.65 for West Texas.

Gold falls nearly 2% to $ 1,873; and silver yields 3% to $ 27.36.

Bitcoin is up 2% to $ 38,794. Ethereum is also up 2%, to $ 2,809.

The yield on the 10-year American bond stands at 1.598% and the yield on the 10-year Spanish bond falls to 0.46%.