Nasdaq Leads Wall Street Advances for Microsoft Stocks; BMV, on the rise



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NEW YORK – Wall Street operates this Friday with marginal gains in the Dow Jones and S & P 500 indexes, while the Nasdaq index is pulled by the shares of Microsoft.

marked by the fall of industrial actions and by concerns about an intensification of the trade war between the two major economies of the world, after the president of United States hardened his position President Donald Trump criticized China and the European Union for its weak currencies and said that a stronger dollar and rising interest rates are undermining "l & # 's 39 "US" competitive advantage, giving a new blow to the Federal Reserve.

US President continues to argue that China abuses commercial conditions, coupled with a sharp depreciation of yuan [1] 9459004] which was presented during the week

As on other occasions, the markets consider that the imposition of such an amount could be a reality in the next few weeks [19659005] but the profits of the shares of Microsoft limited losses and strengthened the index of technology Nasdaq.

At 12:45 local time in Mexico City, the industrial average Dow Jones recorded a marginal gain of 0.05% to 25 thousand 077.30 units, while the S & P 500 stands only 0.02%, at 2,804.99 units

On the contrary, the index Nasdaq Composite advance of 0.16%, to 7 thousand 837.49 units, supported by the 2.25% profit in Micosoft a day after reporting better quarterly earnings and sales than badysts estimated, as more companies hired their cloud computing services Azure and the software package Office 365.

For its part, the Mexican Stock Exchange (BMV) increases as investors evaluate whether the United States will impose new tariffs for 500 billions of dollars on Chinese products, read ego that Donald Trump will mention this amount in an interview.

At 12:50 in Mexico, the price and price index (CPI) rose by 0.35%, to 48 thousand 919 units

The rebound of Volaris shares of 7.16%, supported by the CPI index, followed by Alsea with 2.3%, Gentera 2.2%, Bimbo 2.1% and Mexichem with 1.3%

On the other hand, Kimberly newspapers have declined 2.3%. , Arca Arca 1.7%, Grupo Televisa and Grupo México Transportes, with 1.3% each.

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