Madrid Stocks Close Lower as IBEX 35 Drops 1.25%
Spain's benchmark IBEX 35 fell 1.25% at the close in Madrid, weighed down by sector losses in Financial Services & Real Estate, Building & Construction and Consumer Goods. Market breadth was nearly balanced with slightly more decliners than advancers. Select large-cap stocks outperformed while several major financials registered notable declines. C…