The session kicked off the week with a rebound in tech stocks following the Nasdaq 100’s worst week since April 2025. Buyers returned to semiconductors on the expectation that the AI investment cycle will continue to support corporate earnings, ahead of a week packed with earnings reports from major tech companies. Equity indices closed mixed, with the Nasdaq rising 1.1% and the S&P 500 up 0.4%, while the Dow Jones fell 0.1%. Asia saw mixed performance, with the Kospi gaining 1.8%, the CSI 300 rising 0.1%, and the Nikkei falling 0.6%; in Europe, the Stoxx 600 dropped 2.1% amid pressure on the region’s assets following violent protests over the weekend in France, which also weighed on French bonds. As for commodities, WTI rose 2.2% to $103.6, and Brent fell 0.4% to $109.4, with crude oil remaining at elevated levels; gold fell 0.6%, and silver gained 0.1%. Yields remained under pressure from oil, with the 2-year UST rising 6 bps to 4.77%, the 10-year 6 bps to 5.14%, and the 30-year 5 bps to 5.48%, with the long end lagging somewhat, while the 10-year Bund rose 2.9 bps to 3.45% and the 10-year Gilt rose 6.5 bps to 5.44%. On the FX and volatility front, the DXY rose 0.2% to 102.0, and the VIX fell 1.6 points to 18.4.

In Venezuela/PDVSA, the day was negative, with declines of 0.4–0.7 points in the sovereign yield curve and 0.4–0.5 points in PDVSA, while Elecar rose 0.4 points and the PDV20 rose 0.1 points. Trading volume totaled USD 150 million, concentrated in PDV'22 and PDV'24.

Latin American indices also closed lower, with Ecuador down 1.2, Argentina 1.1, Colombia 0.5, Mexico 0.5, Brazil 0.4, the Dominican Republic 0.4, and El Salvador 0.3 points, while among corporate stocks, Pemex fell 0.8 points. Trading volume was low.