Wall Street closed the day with weekly gains of around 3% after employment data in the United States was better than expected. This momentum was reinforced by optimism surrounding trade negotiations between the United States and China, as well as the quarterly results of major technology companies.
In trading on Friday, the Nasdaq rose by 1.51%, reaching 17,977.73 points; followed by the S&P 500 with an increase of 1.47%, reaching 5,686.67 points; and the Dow Jones with a rise of 1.39%, reaching 41,317.43 units. The S&P 500 has accumulated nine consecutive sessions in the green, its best streak in about two decades.
Major U.S. tech companies reported their quarterly results this week, mostly revealing profit increases driven by artificial intelligence. However, all have acknowledged the risks of tariff fluctuations by the United States. Apple, in particular, reported a quarterly profit of $61.110 billion and warned that if tariffs remain, it could cost around $900 million in the next three months.
In Europe, stock indices recorded significant advances, led by the DAX in Germany and the CAC 40 of France with increases of 2.62% and 2.33% respectively. This occurred after it was announced that inflation in the eurozone remained stable during April.
In the international oil market, West Texas Intermediate (WTI) fell by 1.60%, settling at $58.29 per barrel, while Brent slipped by 1.35%, reaching $61.29 per barrel.
In contrast to these positive movements, Mexican stock markets closed with declines after the holiday. The FTSE-BIVA of the Institutional Stock Exchange marked a 0.92% decrease, ending at 1,131.77 units. The Mexican Stock Exchange (BMV) experienced a 0.8% loss in its main index, standing at 55,811.99 units at the end of the week, which represented a 1.6% decline.
The Mexican peso appreciated by 0.08% against the dollar, with an exchange rate of 19.58 units at the close of the day.
