Mexico stocks rally on lower oil, steady Fed
MEXICO CITY, Aug 5 (Reuters) - Mexican stocks jumped on Tuesday as lower oil prices and the decision by the U.S. Federal Reserve to leave interest rates steady bolstered hopes for growth in the economy of Mexico's main trading partner.
The benchmark IPC stock index .MXX gained 1.9 percent to 26,990.19 points after dropping to a six-month low on Monday. (Reporting by Michael O'Boyle)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
