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Befitting Cinco de Mayo, which celebrates Mexico's military victory over the French at the Battle of Puebla in 1862, Mexican stocks rose up this week and trounced the French companies.
The Battle of Puebla kept France out of the U.S. Civil War, and the U.S. returned the favor in 1867 by helping liberate Mexico from French rule. The two countries have been investing and trading partners ever since.
Just as the Mexican troops were outnumbered 4,500 to 6,500, the 35 members of the Mexican Bolsa Index triumphed over the 39 members of France's CAC-40 Index, returning 1.41% to 1.14% for the week ending Thursday, May 3. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
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