Economy Country February 06, 2025

Global Stock Markets Show Positive Trends Ahead

Global equity markets are trending positively as traders await the U.S. employment report. Significant movements noted on Nasdaq, S&P 500, and Mexican stock exchange.


Global Stock Markets Show Positive Trends Ahead

Global equity markets are operating with positive movements as traders await the employment report for the U.S. economy. So far, the Nasdaq has recorded an increase of 0.38 percent, at 19,768.09 points, followed by the S&P 500, which rose 0.28 percent, at 6,078.45 points, and the Dow Jones with just an additional 0.0 percent, hovering around 44,873.81 units.

In an environment of limited scheduled economic information for today and in anticipation of labor data from the United States to be released tomorrow, we estimate that the main catalysts for the session are: the earnings season; comments from Fed officials and the announcement from Banxico," detailed analysts from Grupo Financiero Ve por Más.

In Europe, trading places the DAX in Germany with an increase of 1.56 percent, at 21,887.73 points, the IBEX 35 from Spain with 1.48 percent, at 12,709.12 units, the CAC 40 from France with an additional 1.46 percent, operating at a level of 8,005.50 points, and the FTSE 100 from London adds 1.36 percent, with 8,740.16 points.

Locally, there are advances of 0.28 percent for the S&P/BMV IPC of the Mexican Stock Exchange (BMV), which operates at 51,714.90 units, and the FTSE-BIVA of the Institutional Stock Exchange, which is positioned at 1,042.71 points, showing an increase of 0.07 percent.

In the international oil market, both contracts are operating with negative variations. West Texas Intermediate (WTI) decreases by 0.39 percent, at 70.75 greenbacks per unit, while the benchmark Brent drops by 0.38 percent, at 74.33 dollars per unit.