Particle.news
Download on the App Store

Mexico Stocks Slip as Coca‑Cola Femsa Drops While U.S. Shares Rebound on Softer Inflation

Concerns about AI’s potential to disrupt financial services tempered risk appetite.

Overview

  • Mexico’s S&P/BMV IPC opened 0.32% lower at 70,658.61 points, extending a recent zigzag in local trading.
  • Coca‑Cola Femsa placed 10,000 million pesos in certificados bursátiles that drew investment‑grade demand, and its shares fell about 2% in early trading.
  • Additional pressure came from declines of roughly 1.5% in Grupo México and Chedraui, according to market data.
  • U.S. CPI rose 0.2% in January and eased to 2.4% year over year, and major indexes turned modestly higher after early weakness tied to AI worries.
  • Reuters reported that OPEC+ is evaluating a possible production increase from April, leaving oil prices mixed as traders awaited a decision.