US tariffs drag Mexico's peso, stocks lower
  • March 4, 2025

US tariffs drag Mexico's peso, stocks lower

LONDON/NEW YORK (Reuters) -Mexico's peso fell for a fourth consecutive session on Tuesday and briefly touched the 21-per-dollar level for the first time in a month after the United States imposed 25% tariffs on imports from Mexico. Stocks also fell in Mexico for a fourth day and the benchmark index slid to its lowest in five weeks, with local equities still up over 3% year to date. Mexico's trade-dependent economy sends around 80% of its exports to the United States.

Indian Stocks Post Historic Losing Streak as Global Funds Flee
  • March 4, 2025

Indian Stocks Post Historic Losing Streak as Global Funds Flee

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe selloff in India

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in
  • March 3, 2025

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in

The STOXX Europe 600 Automobiles and Parts index fell the most since September 2022, and was down 5% in afternoon trading, reflecting exposure to the tariffs, with companies such as Volkswagen, Stellantis and BMW all have manufacturing sites in Mexico. According to data from Mexico's automotive industry association, Stellantis and the Volkswagen Group -- which includes Audi -- are the two biggest European exporters of light vehicles to North America out of Mexico.

3 Reasons to Sell PINC and 1 Stock to Buy Instead
  • March 3, 2025

3 Reasons to Sell PINC and 1 Stock to Buy Instead

Over the past six months, Premier’s shares (currently trading at $17.93) have posted a disappointing 13.5% loss, well below the S&P 500’s 6.2% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.