Mexico’s stock market just had a bruising week — what hit the Bolsa Mexicana?
Mexico’s S&P/BMV IPC index dropped 5.73% over five sessions, closing Friday at 67,312.78 points. A spike in oil prices and a weak U.S. jobs report rattled markets, sending the peso lower and hitting miners, airlines, and industrial stocks. USMCA review talks between U.S. and Mexican officials are set for the week of March 16, adding uncertainty for exporters.