Wall Street Rises on Trump's Ceasefire Statement with Iran

Wall Street started on Wednesday in the green, with its main indicator, the Dow Jones Industrial Average, rising after U.S. President Donald Trump stated that Iran has requested a 'ceasefire'. The Nasdaq reports a rise of 1.37 percent, to 21,887.94 points, followed by the Dow Jones, which is up 0.89 percent, at 46,753.13 units, while the S&P 500 gains 0.84 percent, at 6,581.37 points. Investors are optimistic about the possibility of the war ending soon following Trump's latest statements. Companies such as Caterpillar and Boeing were also up 3.4 percent, and Goldman Sachs was up 1.7 percent. 'Optimism arises from reports suggesting that the U.S. administration is open to withdrawing from the conflict even if blockades in the Strait of Hormuz persist. Meanwhile, Iranian authorities have acknowledged an exchange of messages, conditioning the cessation of hostilities on guarantees of non-aggression,' detailed analysts at Actinver. How are the BMV and other markets trading TODAY? Thus, the opening of local exchanges shows green numbers. For the main index of the Mexican Stock Exchange (BMV), the S&P/BMV IPC, the increase is 0.78 percent, at a level of 69,142.97 points, and for the FTSE-BIVA of the Institutional Stock Exchange (BIVA), the advance is 0.97 percent, at 1,383.54 points. In Europe, the increases are led by Spain's IBEX 35 with 2.97 percent, at 17,562.40 points, Germany's DAX adds 2.64 percent, at 23,279.94 units, followed by France's CAC 40 with a 2.0 percent rise, hovering around 7,974.82 points, and London's FTSE 100 rises 1.64 percent to 10,342.14 units. Meanwhile, in the international oil market, benchmark crude prices reflect a 2.36 percent loss for West Texas Intermediate, at $99.02 per barrel, while the Brent reference benchmark falls 2.64 percent, around $101.19 per barrel. Trump confirmed this stance, stating that the goal of mitigating the nuclear threat is considered achieved and that a formal agreement is not strictly necessary to end operations. Especially considering that the president will address the nation this Wednesday. On the corporate front, some technology stocks were advancing strongly: Intel was up 6.2 percent while Micron gained another 4.8 percent.