Economy Country February 28, 2025

Wall Street Shows Positive Movements in Stocks

Wall Street indices show gains, with the Dow Jones leading with a 0.60% increase. Investors are attentive to inflation data and tariff concerns.


Wall Street Shows Positive Movements in Stocks

On the last trading day of the week, the main stock indices on Wall Street are operating higher as investors digest the personal consumption expenditure (PCE) inflation data that has remained in line with expectations. The Dow Jones index has reported a gain of 0.60%, standing at 43,499.14 points, followed by a 0.42% increase for the S&P 500, reaching 5,884.74 units, and the Nasdaq which adds 0.27%, hovering around 18,597.28 units.

Analysts from Grupo Financiero Banorte indicate that the market remains cautious and uncertain due to tariff concerns that could lead to a global trade war, affecting U.S. growth and worsening inflation.

In Europe, stock exchanges anticipate a mixed session, with France's CAC 40 falling by 0.25%, Germany's DAX declining by 0.19%, Spain's IBEX 35 rising by 0.50%, and London's FTSE 100 dropping by 0.45%.

Locally, the Mexican Stock Exchange reports that the main index S&P/BMV IPC has experienced an increase of 0.23%, standing at 52,726.77 points, while the FTSE-BIVA of the Institutional Stock Exchange registers a decrease of 0.04%, reaching 1,061.96 points.

Regarding the international oil market, crude benchmarks reflect losses with West Texas Intermediate falling by 1.36% to $69.39 per barrel and Brent with a decrease of 1.31%, trading at $73.07 per barrel.