Mexican Stocks Retreat; S&P/BMV IPC Drops 1.21% as Industrials and Consumer Names Lead Declines
Mexico's benchmark S&P/BMV IPC closed down 1.21% as declines in industrial, consumer goods and consumer staples sectors weighed on the market. While a handful of stocks, including Industrias Peñoles and Grupo Carso, finished higher, larger losses from airline and beverage-related names pushed the overall index lower. Commodities and currency market…