Global stock markets are experiencing losses due to risk aversion generated by the war in Gaza and geopolitical tensions in the Middle East. On Wall Street, the Dow Jones is down 0.72% to 42,962.93 points, followed by the S&P 500 with a decrease of 0.60% at 5,830.25 points, and the Nasdaq with a decline of 0.45% at 18,403.37 points.
According to Monex analysts, this week investors will be paying attention to third quarter corporate reports in Mexico and the United States, highlighting figures from companies like Tesla, Texas Instruments, and Johnson & Johnson.
In Mexico, both the S&P/BMV IPC of the Mexican Stock Exchange and the FTSE-BIVA of the Institutional Stock Exchange report losses of 0.54% and 0.66% respectively. In Europe, there is a decrease in appetite for risk assets with France's CAC 40 falling 0.97%, Germany's DAX down 0.94%, Spain's IBEX 35 decreasing 0.69%, and London's FTSE 100 dropping 1.10%.
In the international oil market, West Texas Intermediate (WTI) increased by 1.43%, reaching $70.21 per barrel, while Brent rose by 1.22% to $73.95 per unit. European natural gas prices hit 40 euros per megawatt-hour due to tensions in the Middle East that generated market volatility.
Benchmark futures closed up 2.1% on Monday, following oil gains and offsetting Friday's losses. Markets are preparing for a possible escalation of hostilities between Israel and Iran, which could trigger a broader regional conflict and affect heating fuel supplies.
