The S & P 500 reaches its highest level since February

The S & P 500 rose for the fourth consecutive session on Tuesday to record a peak since February 1, the day before the start of a surge of extended sales in the market, as Pepsico Inc.'s strong performance has boosted optimism

The consumer goods index grew 1.3% and provided the biggest boost to the S & P 500, thanks to the 4.8% increase in consumer goods index Pepsico shares, the advance of 2% in Procter's Papers & Gamble and 1.3% of Coca-Cola shares.

The benchmark has risen 4.5% since the end of 2017 and has risen nearly 3% over the four rising sessions, helped by positive news about the economy and the economy.

Concerns about rising bond yields and the potential acceleration of inflation triggered the February sales wave, which confirmed a correction in the market.

the next few weeks for investors, who will divert their attention from recent trade tensions. The United States and China reciprocally imposed duties on imports worth $ 34 billion Friday.

Banks JPMorgan Chase, Wells Fargo and Citigroup will present their results on Friday. Their shares fell Tuesday after leading market gains on Monday.

The Dow Jones Industrial Average rose 0.58% to 24,919.66 units, while the S & P 500 gained 0.35% to 2,793.84 units.

the Nasdaq compound increased 0.04% to 7,759.20 units.

BMV breaks a positive series

The Mexican Stock Exchange (BMV) concluded with a 0.50% decline, due to a profit taking after adding five consecutive sessions of Increases and recorded its best level five months

In final figures, the S & P / BMV index of prices and prices stood at 48 990.92 units

Issuers who have contributed to the decline of the Mexican market were: Grupo Financiero Banorte, which lost 2.99%; FEMSA with less than 1.67%; América Móvil with a decrease of 1.39% and Grupo México with a decrease of 1.55%

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