Alphabetical action drives the Nasdaq to a record high; BMV touches 49 thousand points

At the opening of operations on Tuesday on Wall Street, the Nasdaq index marks a record because of the fame shares of Google's parent company, Alphabet, after a strong quarterly report, the what raised the securities of other technology companies.

US indicators focus on reports of positive corporate earnings that help dispel investors' concerns about the effects of the US-China trade war and the strength of the dollar.

The Nasdaq composite rises 0.95 percent, up to 7 thousand 916.16 units, while the Dow Jones earns 0.85 percent, settle at 25 thousand 261.84 units, while the S & P 500 advance of 0.80 percent, to 2 thousand 820.68 units.

the shares of Alphabet rose by 4.34%, continuing the bullish session of the previous session after reporting that its operating margin rose to 24% – excluding a record fine of $ 5 billion imposed by the EU antitrust regulator for abusing its dominant position in mobile software – 22% in the previous quarter and 26% a year ago.

For the case of the S & P 500 index, favored by Boeing shares of 1.64%, thanks to the good results recorded in the third quarter.

The index is about 2 percentage points after reaching the record high that it reached in late January.

Market news, pharmaceutical firm Eli Lilly reported Tuesday that it will bring its Elanco animal health business to the stock market and reported higher-than-expected quarterly profits due to demand for its treatments against diabetes Trulicity and Humalog.

The pharmaceutical company also announced a $ 8 billion buyout and a higher earnings forecast for the full year.

Eli shares rose 1.82%, after peaking

In the economic environment, figures have been published that reinforce the expectation of which the Federal Reserve will maintain a gradual step in terms of increasing its benchmark rate.

The manufacturing PMI and the manufacturing and services index were reported at 55.5 and 56.2 points in July of this year, which is close to expectations.

In Mexico, the Mexican Stock Exchange r reversed the losses of the previous session and reached a maximum level of more than a week, thanks to the strong financial results of companies in Mexico and the United States. United States, as well as hope for progress in the NAFTA negotiations

Most of the second-quarter financial reports submitted by companies in Mexico were better than expected, badysts say.

The main referent of the stock market, the CPI, increases by 0.92%, up to 49 thousand 303 units

The local stock market operates a volume of 1.1 million dollars. actions, for an economic amount of 23.5 million pesos. 50 stations participate, of which 34 win, 15 lose and the other remains unchanged.

The shares of Grupo México dominate the advances with 3.9%, followed by Volaris with 3.8%, Santander 3.7% and GAP by 2.7%

. Lala 2.6%, Kimberly 0.8% and Ienova 0.43%

The Inegi, reported that the consumer price increased by 0.32% in the first half of July, above the estimated 0.26 average by the market.

With information from Reuters and Notimex.