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Mexico Banxico Interest Rate Decision meets forecasts (7.25%)

Dow Jones Industrial Average drops 400 points as AI selloff continues

The Dow Jones Industrial Average (DJIA) tumbled 400 points on Thursday, falling to its lowest valuation in nearly two weeks as equity indexes were crushed underfoot by a broad pivot out of AI tech stocks.
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Banxico cut rates as expected to 7.25%, Heath dissents again

Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.
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