The Nasdaq fell 1% as AI trading weakened slightly, while the S&P 500 fell 0.5% and the Dow fell 0.1%. Global fixed income had a positive day, with yields falling 4-5bps in both the US and European sovereign markets. In commodities, crude oil closed higher for the fifth consecutive day, rising 10% over this period; gold and silver also continued to rise strongly, with silver closing at $92.5, up 29% for the year. VIX up to 17.5.

Venezuela and PDVSA were in demand from the outset, with bonds ending up 0.5-0.75 points, with more activity in the middle of PDVSA.

In Latin American credit ratings, Colombia and Mexico gained 0.5 points, while the rest of the region saw mixed variations of 0.25 points.