All of Latin America’s stock markets closed with losses on Thursday except for Argentina’s, while the NYSE advanced but with modest gains as investors remain cautious over the Fed’s next move
Emerging-market assets broadly saw a 5.5% spike in capital inflows in July, with equity performance driven by a benign macro environment, especially in Brazil, India and Indonesia, according to analysts
The prospect of a new cycle of key rate cuts and improved risk perception in Brazil should sustain further stock market gains going forward, analysts say
The Merval climbed more than 2% on Friday, a mixed day for Latin American markets, while the Nasdaq chalked up a 2.85% drop during the week and the S&P 500 closed 2.27% lower
Latin American stock markets closed mixed on Thursday, while the NYSE closed lower again, with the S&P 500 notching up three straight sessions of losses
The Argentine and Mexican markets suffered the sharpest losses in Latin America on Wednesday, while the NYSE closed lower following Fitch Ratings’ downgrade of the US
