Overview
- Mexico’s S&P/BMV IPC drops 1.14% to 60,967.35 in early trade after opening down 0.97%, pointing to a third straight decline as a September activity contraction of 0.6% adds local pressure.
- U.S. stocks trade mixed with the S&P 500 down 0.06%, the Nasdaq off 0.36%, and the Dow up 0.07% as the government shutdown reaches day 21.
- Strong third‑quarter results lift shares of General Motors and Coca‑Cola, while investors await coming reports from Netflix and Tesla.
- Banorte notes that President Trump’s meetings with China’s Xi Jinping and Russia’s Vladimir Putin, plus a U.S.–Australia deal to expand access to rare‑earth minerals, have helped temper geopolitical tensions.
- Crude extends losses on AIE supply projections, with WTI at $57.32 (−0.35%) and Brent at $60.70 (−0.54%) according to Bloomberg.