|Day's Range||43,571.77 - 44,001.22|
|52 Week Range||39,271.56 - 50,603.39|
Russia will be able to compete at next year's Paralympics in Tokyo after being reinstated Friday, more than two years after the country was suspended for widespread doping. The IPC ruled reforms to crack down on doping and limit government interference are enough to allow Russia to compete under its own flag ahead of the 2020 Paralympics. The IPC said it had given up on a demand that Russian authorities should admit to the findings of a report by World Anti-Doping Agency investigator Richard McLaren which led to the Russian Paralympic Committee's suspension in August 2016.
Everyone knew China’s economy was slowing, so blaming the Asian nation for a setback was just a convenient excuse to mask a deteriorating business, like when retailers blame the weather for a slump in sales. Apple’s announcement probably would have had only a short-term negative impact on equities, with traders coming around to the idea that Apple’s problems were of its own making if not for a disappointing manufacturing report Thursday morning from the Institute for Supply Management. Its December index of new orders — a key leading indicator of future activity — fell to a level that barely registered as growth.
Mexico's main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. The S&P/BMV IPC stock index lost 15.89 percent in the fourth quarter, its steepest drop for a three-month period since the third quarter of 2001, when the Sept. 11 terrorist attacks hit the United States. Before taking office earlier this month, President Andres Manuel Lopez Obrador rattled financial markets when on Oct. 29 he said he would scrap a partly built $13 billion new Mexico City airport on the basis of a straw poll that was widely criticized.
The Bloomberg Dollar Spot Index, which measures the currency against a basket of its main peers, tumbled as much as 0.84 percent Thursday in its biggest decline in seven weeks. As one of the ultimate havens in global markets, the dollar should be benefiting from the current turmoil in risky assets and rising concern about a global economic slowdown. “When a central bank is more hawkish than expected and its currency drops, you are witnessing the collective wisdom of the global market.” In another blow to the dollar, the Bloomberg Consumer Comfort Index’s monthly expectations gauge fell to a one-year low in December as more respondents said the economy is getting worse.
This year has been fraught with volatility in financial markets as investors fret over tighter monetary policy, rising inflation and tensions surrounding global trade. Key elections in Mexico , Turkey , Brazil , Colombia and the United States are scheduled to take place later this year, and they could have ripple effects across global financial markets amid a rising trend in populism. Populist candidates in Mexico and Brazil are leading the polls, increasing the possibility that those countries could take more extreme stances on matters such as trade and security.
Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to "sabotage" and would cost the company 312 million pesos . The ...
Global stocks traversed another turbulent week marked by President Trump's surprise tariff announcement.
Mexico's securities regulator has imposed one of its biggest fines ever for market manipulation on steel company Industrias CH, owned by billionaire Rufino Vigil Gonzalez, government data showed. Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making "prohibited trades" under a law banning simulating price or volume, or effectively trading with itself, according to publicly available data on the website of Mexican banking and securities regulator CNBV.
Global stocks endured volatility during a week dominated by the release of the minutes of the Fed's latest meeting.