The Spanish stock index Ibex-35 opened Tuesday slightly higher, maintaining its positive streak amid expectations among investors that central banks have ended interest rate hikes.

Stock markets on both sides of the Atlantic have generally rallied in November, as a flurry of data showing that inflation may be easing has spurred bets that both the Fed and the European Central Bank have ended monetary tightening and that rate cuts could be on the way next year.

However, some ECB monetary leaders, such as Bank of France Governor François Villeroy de Galhau, have warned that rates have reached a plateau that is likely to remain in place for the next few quarters.

The focus of the day will be on the release of the minutes of the latest US Federal Reserve meeting (1900 GMT), "although the main point of attention will be on Nvidia's results (after the close), the third largest contributor this year to the rise of the S&P500 and one of the most benefited by AI," according to analysts at Renta 4.

At 0810 GMT on Tuesday, Spain's selective Ibex-35 stock market was up 7.70 points, 0.08%, to 9,846.70 points, and was aiming to record its seventh session on the rise, which if confirmed would mark its longest positive streak since a series of eleven consecutive rises at the beginning of August.

Meanwhile, the FTSE Eurofirst 300 index of large European stocks fell by 0.01%.

In the banking sector, Santander lost 0.51%, BBVA fell 0.10%, Caixabank dropped 0.32%, Sabadell fell 0.30%, Bankinter gained 0.79%, and Unicaja Banco rose 0.10%.

Among the large non-financial stocks, Telefónica gained 0.29%, Inditex advanced 0.50%, Iberdrola gained 0.22%, Cellnex fell 0.33%, and the oil company Repsol lost 0.43%.

(Information by Benjamín Mejías Valencia; edited by Flora Gómez)