BMV
Markets close mixed on Trump ultimatum to Iran and ceasefire
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Wall Street closed mixed on Tuesday as markets awaited Donald Trump's ultimatum to Iran to reopen the Strait of Ormuz. Hours after the close, Trump announced a bilateral ceasefire agreement. Mexico's BMV fell 0.66% amid geopolitical tensions.
The Mexican stock market closed higher on Monday, May 18, while Wall Street posted mixed results amid uncertainty over a potential United States-Iran agreement.
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Mexico's Bolsa Mexicana de Valores (BMV) fell 1.63% on Friday, March 20, 2026, closing at 64,134.9 units on the IPC, while Wall Street saw declines led by the Nasdaq at 2.01%. Weekly losses hit 2.31% for the BMV and about 2% for US indices, amid the Middle East war driving up oil prices.