The Mexican stock market falls after the triumph of Lpez Obrador, while in the US the main indicator closes up

A session of contrasts was held yesterday in the major markets of North America. While in Mexico the stock market and the peso fell after the victory in the presidential elections of leftist Andres Manuel Lpez Obrador, on Wall Street the negative trend that marked much of the day was reversed and finally all the indicators of the burstile have closed. Thus, the price index and quotation (CPI) of the Aztec stock market fell 2.12% and stood at 46,653.52 points, while the peso lost 0.9 % to trade at 20.05 units per dollar, according to the Mexican government. In the US, the leading Dow Jones indicator rose 0.15% after a recovery in the technology sector that propelled the markets shortly before the end of the session, reaching 24,307.18 points. , while the selective S & P 500 rose yesterday by 0.31% to 2,726.71 points and Nasdaq, where the leading technology firms, rebounded 0.76% to 7,567.69 points.

In South America, Argentina's Merval lost 2.84%, but the Argentine peso appreciated by 2.2% against the dollar, due to a further rise in reserves the central bank to curb volatility. In Brazil, the Ibovespa index of the Sao Paulo Stock Exchange rose 0.11%.

In addition, on the London Metal Exchange, copper closed at 0.77%, trading at US $ 2. , 99 pounds per pound, breaking the barrier of US $ 3 that he had last held. Thus, the red metal yesterday reached its lowest level since March 26, while it was quoted at US $ 2.94 per pound.

Trade tensions

Losses that characterized the US burst market The closing, which was positive, was due to concerns raised by investors about US trade tensions. with the European countries and China, because of the protectionist measures promoted by Donald Trump's government.

In fact, the Russian government yesterday denounced this country to the World Trade Organization (WTO) for the imposition of tariffs on 10% and 25% on imports of certain aluminum products and steel, respectively. In its complaint, Russia calls for consultations with the United States. under the WTO Dispute Settlement System for those tariffs. This country is following in the footsteps of the European Union, Canada, Mexico, China, India and Norway, who have also denounced the country of the North.