The Ibex opens the month with falls of 3.6% due to tensions between China and the US

The European stock markets have kicked off the month of May with important falls. The Ibex has dropped 3.6% due to tensions between the United States and China due to the virus. Within the selective, the cuts by Merlin (-8.27%), IAG (-8%), Repsol (-7.79%) or ArcelorMittal (4.97%) have stood out, the latter being especially sensitive to the friction between the two powers. On the positive side, Telefónica has found itself, which has risen due to the integration of its business in the United Kingdom with that of Liberty Global there.