On the New York Stock Exchange, equity trading has begun with solid declines due to the promise of U.S. President Donald Trump to impose tariffs on products coming from Mexico and Canada. The Nasdaq is the index showing the largest drop, down 2.35%, standing at 19,161.49 points. Following are the S&P 500 with a decrease of 1.86%, at 5,928.38 units, and the Dow Jones with a decline of 1.39%, at 43,926.09 points.
Monex analysts indicate that in the near future, attention will be focused on several aspects like global economic growth, challenging trade scenarios with possible tariffs, implications for economic activity and inflationary pressures, new policies from the FED and Banxico, revisions in S&P earnings, news related to nearshoring in Mexico, advancements in Artificial Intelligence in the U.S. and China, as well as escalations in geopolitical conflicts.
In Mexico, the stock markets will remain inactive today due to the holiday commemorating Constitution Day. Meanwhile, in Europe, stock indices also show a negative trend. The DAX in Germany falls 1.53%, standing at 21,377.22 units. Spain's IBEX 35 shows a decrease of 1.30%, at 12,219 points. London's FTSE 100 records a decline of 1.06%, reaching 8,583.65 points, and France's CAC 40 drops 1.10%, trading at 7,857.98 units.
Regarding oil prices, West Texas Intermediate experiences an increase of 0.79%, standing at $73.10 per barrel, and Brent rises by 0.29%, hovering around $75.89 per barrel.
