Spanish Economy Minister: Spain will only use about 25% of available loans from the EU recovery fund. Spain has yet to feel any significant impact of U.S. tariffs at a macro level. Spain is confident that a trade agreement between the European Union and Mercosur can be signed before the end of the year.

The Fed accepted a total of $2.514 billion from 40 counterparties in fixed-rate reverse repurchase operations.

Spanish Economy Minister: Once ECB Vice President Guindos leaves office, Spain will strive to maintain its seat on the ECB Executive Committee.

The United States is proposing to eliminate carbon credit trading by automakers to meet fuel economy regulations, sources said.

U.S. officials and automakers say the White House will announce significant reductions in fuel economy requirements.

The German DAX30 index closed down 14.85 points, or 0.06%, at 23695.02 points on December 3 (Wednesday);The British FTSE 100 index closed down 13 points on December 3 (Wednesday) .20 points, down 0.14%, to 9688.60 points;FCHI index closed up 12.81 points, or 0.16%, to 8087.42 points on December 3 (Wednesday);Europe The Stoxx 50 index closed up 10.93 points, or 0.19%, at 5697.10 points on December 3 (Wednesday);The Spanish IBEX 35 index closed up 124 points on December 3 (Wednesday) .55 points, an increase of 0.76%, to 16590.55 points;Italy’s FTSE MIB index closed up 10.17 points, or 0.02%, to 43365.00 points on December 3 (Wednesday).