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StocksMedium•12 October 2026•
1 min read

European Stocks Rise Led by Spain's Ibex as Dow Gains Amid Dollar Strength

Key Facts

1Major European indices closed higher, with Spain's Ibex leading gains at 1.33%.
2The US dollar traded higher against all major currencies, with largest gains against CHF and NZD.
3The French 10-year yield premium over Germany widened by 3.9 basis points to 142 basis points.

Major European indices closed higher on October 12, 2026, with Spain's Ibex leading the gains at 1.33%. Reuters reported that the US dollar traded higher against all major currencies, recording its largest gains against the Swiss franc and New Zealand dollar, while US equity markets showed mixed performance as the Nasdaq fell 0.27% and the Dow Jones Industrial Average rose 0.40%.

The French 10-year yield premium over Germany widened by 3.9 basis points to reach 142 basis points on October 12, 2026, as French yields rose faster than their German counterparts. In currency markets, EURUSD was trading down 0.41% at 1.1155, while USDJPY rose 0.23% to 158.68 on the same date, as the US dollar benefited from broader strength while US bond markets remained closed for Columbus Day.