US EditionStocks Pare Gains on Jobs Eve as Mexico Peso Jumps: Markets Wrap
5 Articles
5 Articles
Stocks Pare Gains on Jobs Eve as Mexico Peso Jumps: Markets Wrap
(Bloomberg) -- A tech-driven stock bounce eased on the eve of a key jobs report, following data that showed stubborn inflation and weaker-than-expected personal spending. Bond yields fell. The Mexican peso jumped as President Donald Trump said he extended current tariff rates for 90 days.
The appreciation of the national currency occurred despite the persistence of nervousness in the markets. According to the analysis area of Banco Base, the White House confirmed a new list of tariffs that will enter into force on August 7.
The Mexican peso appreciated on Thursday, while the stock market culminated stable, after the United States gave Mexico a 90-day extension of the highest tariffs on its imports to negotiate a long-term trade agreement. Investors now expect Friday’s deadline for the entry into force of levies for other countries that have not reached an agreement with the United States. President Donald Trump said those nations will have news of his government to…
The US stock markets weakened on Thursday. At the close of trading in New York, the Dow closed at 44,131 points, a loss of 0.7 percent compared to the previous trading day. A few minutes earlier, the broader S&P 500 was down 0.4 percent at around 6,339 points, while the Nasdaq technology exchange calculated the Nasdaq 100 at the same time, at around 23,218 points, down 0.6 percent. Shortly before the deadline for new trade agreements, US Preside…
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