Global stock markets showed varied performance during the week ending April 25, 2025, with notable gains in Mexico and Spain amid easing trade tensions. The Mexican Stock Exchange (BMV) recorded a six-day rally, with its main index, the S&P/BMV IPC, rising 1.80% on April 23 to 55,766.58 points and closing the week with gains exceeding 6%. This positive momentum aligned with gains in U.S. markets, including the Nasdaq. In Chile, the IPSA index surged past the historic 7,900-point mark, driven by a less confrontational stance from former U.S. President Donald Trump, which revived investor risk appetite. In Europe, the Spanish Ibex 35 index experienced fluctuations but ended the week with a 3.4% increase, surpassing 13,300 points and returning to levels seen before the imposition of reciprocal tariffs linked to Trump’s trade policies. Bankinter and Mapfre were key contributors to the Ibex’s rebound, with Mapfre gaining 6.1%. The euro weakened against the dollar, which was set to close its first weekly gain in a month. Overall, while U.S. stocks closed the week higher, Latin American markets showed mixed results, reflecting regional variations in investor sentiment.