La Jornada: Business expectations drive Wall Street; the BMV closes lower

In yesterday’s market session, Wall Street managed to rise to a new record, awaiting business results, while the Mexican Stock Exchange (BMV) closed lower.

In turn, the Nasdaq rose 0.20 percent, to 24,887.10 units, and the S&P 500 advanced 0.12 percentage points, to 7,173.97 points. Both indices marked a new historical high due to the profits of large technology companies.

The week, between today and Thursday, will be in the sights of economic agents with notable references, such as the publication of business results from five of the Magnificent Seven: Alphabet, Amazon, Meta and Microsoft on Wednesday, April 29, followed by Apple on Thursday, April 30.

The BMV lost 1.79 percent, affected by the fall in shares of airport companies, to 67,992.36 points.

América Móvil share prices fell 3.19 percent; Asur, 3.26; Gap, 5.27; Carso Group, 3.40; Televisa, 4.11; Mexico Group, 1.72; Oma, 4.78; Peñoles, 1.81 and Walmart, 1.14.

Meanwhile, the world’s main central banks will hold a new round of meetings to update their monetary policies in the midst of the resurgence of inflationary tensions due to the war.

The organizations that will announce their monetary policies this week are the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan.

The countdown for the news provided by the central banks promotes a mini truce in the exchanges of the main currencies. The DXY index, which measures the behavior of the dollar against six international currencies, fell 0.04 percent, to 98.33 points.

For its part, the Mexican peso reported a marginal daily appreciation of 0.07 percent, to stand at 17.3827 units per dollar spot. According to data from the Bank of Mexico, the exchange rate operated between a maximum of 17.3950 and a minimum of 17.3700 units.

Likewise, gold closed with a loss of 0.63 percent, at $4,679 per ounce. Silver finished at $75.53 per ounce, down 0.26.