U.S. Stocks Lower with European Union Meeting

Stocks declined after touching session highs in choppy Tuesday morning as traders were disappointed by comments from French President Nicolas Sarkozy and German Chancellor Angela Merkel's press conference in Paris.

Via CNBC.com:

The Dow Jones Industrial Average fell, led by BofA [BAC 7.4789 -0.2811(-3.62%)] and Caterpillar [CAT 89.51-1.86(-2.04%)] after soaring more than 200 points in the previous session. The S&P 500 and Nasdaq also slumped. The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose near 33. All 10 S&P sectors slipped, led by financials and industrials. The banking sector has alternated between gains and losses every day since last Monday.

More good news for Mexico's foreign investment

From the PR Newswire, foreign direct investment (FDI) in Mexico rose to $4.8 billion in the first quarter of 2011, an increase of 10.5 percent from the same period in 2010. Get the full story from prnewsire.com.

Mexican stocks rise, overcome weak U.S. data

According to marketwatch.com, Mexican stocks edged higher on Wednesday, overcoming earlier losses that followed a weaker-than-expected report about durable-goods orders in the U.S., Mexico’s largest trading partner. Despite this report, in the first quarter of this year alone Mexican economic activity expanded by 4.6%. Also, investors in Mexican assets will watch for Friday’s central-bank meeting, where policy makers are expected to leave the benchmark interest rate unchanged at 4.5%.