The negotiations within Wall Street They begin this Tuesday with mixed movements, while investors continue to digest the financial statements corresponding to the first quarter of 2024 of some companies.
The gains so far are 0.22 percent for the Dow Jones, which is located at 38 thousand 937.43 integers; he is followed by S&P 500 with a gain of 0.13 percent and around 5,188.20 units; Meanwhile he Nasdaq It drops 0.05 percent to 16,341.12 points.
The S&P 500 was headed for its longest winning streak since March. Peloton Interactive soared after CNBC reported that several private equity firms have been considering buying the fitness company. Walt Disney Co. fell due to a weak subscriber outlook. Apple hesitated after introducing a new iPad Pro focused on artificial intelligence and a larger iPad Air.
According to analysts from Grupo Financiero Banorte, stock markets remain positive, since there is a certain optimism that the Federal Reserve (Fed) will cut rates this year While companies present positive surprises in terms of profits, however, they detailed that geopolitical risks remain latent.
Despite resilient consumption and artificial intelligence optimism, U.S. economic growth fell to a nearly two-year low last quarter, while inflation remained high. Confidence is beginning to waver, and The S&P 500 ended a five-month winning streak in April after a series of major underperformances.
For its part, the increases on the European continent are up to 1.35 percent in the case of the IBEX 35, which stands at 11,066.12 units, in Germany the DAX rises 1.23 percent, with 18,395.55 integers, the FTSE 100 London gains 1.14 percent at 8,307.41 points and France’s CAC 40 adds 0.85 percent with 8,064.70 units.
How is the BMV listed this May 7?
Meanwhile, at the local level, both stock markets report falls. The star indicator of the Mexican stock exchange (BMV), the S&P/BMV CPI, loses 0.35 percent and stands at 57 thousand 82.92 integers. While the FTSE-BIVA of the Institutional Stock Exchange (BIVA) it gives 0.44 percent with 1,168.36 units.
At the beginning of trading this Tuesday, the Mexican peso depreciated 0.19 percent, so the exchange rate stood at 16.91 units, which is equivalent to 3 cents more than its previous close on Monday, according to data from Bloomberg.
In the international oil market, prices are falling, West Texas Intermediate (WTI) falls 0.93 percent, at 77.75 dollars per barrel, and the Brent benchmark falls 0.86 percent at 82.61 greenbacks per unit.
With information from Bloomberg.
