This Monday, the main indices on Wall Street began the week with mixed movements. Despite investors reducing their exposure to risk during most of the day, the upcoming economic figures are expected to provide relevant information to assess the situation of the U.S. economy. At the close, the Nasdaq recorded a decrease of 0.10%, while the Dow Jones and the S&P 500 experienced increases of 0.28% and 0.06%, respectively.
Analysts at Grupo Financiero Banorte indicate that investors are showing caution while awaiting more economic and corporate information to evaluate the outlook, especially due to uncertainty on the trade front. In Spain and Portugal, despite reported blackouts, stock indices operated normally. The IBEX 35 rose by 0.75%, while the PSI 20 decreased by 1.01%.
In the local market, Mexican stock markets continued to expand their gains. The S&P/BMV IPC of the Mexican Stock Exchange increased by 0.46%, reaching 56,980.13 points, driven by companies like Cemex, which rose by 3.69% after reporting a record profit in the first months of the year. On the other hand, the FTSE-BIVA of the Institutional Stock Exchange increased by 0.63%, reaching 1,161.02 units.
Regarding commodities, both WTI and Brent closed in the red, falling by 1.54% and 1.87%, respectively, as traders remain attentive to the possibility of an agreement between China and the United States.
