Equity markets are rising as the threat of a partial U.S. government shutdown decreases and expectations grow that China will implement measures to boost its consumption.
On Wall Street, the Nasdaq is up 1.58 percent, reaching 17,577.45 points, followed by the S&P 500 with a 1.27 percent increase, standing at 5,591.07 units, and the Dow Jones with a 0.93 percent rise, moving towards 41,192.90 points.
Analysts from Grupo Financiero Bx+ have highlighted that "we do not rule out that risk appetite may be favored, first, by the high possibility of avoiding a federal government shutdown in the United States, as Democrats in Congress reiterated the threat of blocking a Republican spending bill. Second, due to speculation that the Chinese government will announce new measures to stimulate consumption on Monday."
In Mexico, stock exchanges are recording gains, with the S&P/BMV IPC of the Mexican Stock Exchange opening up 1.14 percent, reaching 52,470.77 points, and the FTSE-BIVA of the Institutional Stock Exchange rising 1.16 percent, settling close to 1,062.57 units.
In Europe, gains are led by the DAX in Germany with a 1.80 percent increase, at 22,933.54 points, followed by Spain's IBEX 35 with an additional 1.30 percent, standing at 12,981.63. In France, the CAC 40 is up 1.10 percent, at 8,026 points, while the FTSE 100 in France sees a 0.90 percent increase, with 8,618.36 units.
Regarding the international oil market, both contracts are increasing in value, with West Texas Intermediate rising 0.32 percent to 66.76 dollars per barrel, while the Brent benchmark is up 0.33 percent, trading near 70.11 dollars per barrel.
