Article: Stocks fall in Mexico, Brazil, Argentina; rise in Chile


AP Worldstream
06-03-2005
Dateline: MEXICO CITY
Mexican stocks fell Friday after a weak U.S. employment report for May dragged U.S. equities lower.

The market's IPC index of 35 stocks closed down 0.6 percent or 80.50 points, to 13,204.39, making for a 0.6 percent gain on the week. Volume was 68.9 million shares worth 1.72 billion pesos.

The local market tracked movements in the U.S. throughout the session. The U.S. Labor Department's report that employers added only 78,000 to payrolls last month prompted equities investors to take profits, causing the Dow Jones Industrial Average to fall 0.9 percent.

Communications and industrial stocks mostly fell, while shares in retail companies rose. The ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!