Colombia's COLCAP index closed down 0.39% on Tuesday, pulled lower by losses in the financial, investment, and public services sectors. Mining and cement stocks were among the session's top performers.
The film and television studio behind the "Hunger Games" franchise is evaluating inbound approaches from European media firms, sources say, as industry consolidation accelerates. A potential deal faces hurdles, including the company's high valuation.
Shares of the studio behind the 'John Wick' franchise surged after a report stated it is evaluating inbound acquisition offers, with France's Bollore Group and Banijay Group named as potential suitors.
Canada's main stock index finished Tuesday's session with a modest gain, as strong performance in the materials and clean technology sectors offset losses in some technology shares. The S&P/TSX Composite rose 0.19% amid a surge in commodity prices.
Brazil's benchmark Bovespa stock index closed higher on Tuesday, supported by gains in consumer-focused, real estate, and utility stocks, though a rise in market volatility signaled underlying caution among investors.
Analyst firm Stifel has shifted its preference in the optical components sector to Lumentum Holdings, citing the company's strong revenue trajectory and pricing power amid converging valuations with competitor Coherent.
U.S. stocks closed mostly higher on Tuesday, with a rally in technology and financial shares pushing the Nasdaq and S&P 500 up, while a steep drop in IBM stock left the Dow Jones Industrial Average little changed.
The Writers Guild of America has filed an antitrust lawsuit to halt the proposed $110 billion merger of Paramount and Warner Bros. Discovery, arguing the deal would unlawfully reduce competition for screenwriters' services.
The Writers Guild of America has filed an antitrust lawsuit to halt the proposed $110 billion merger of Paramount and Warner Bros. Discovery, alleging the deal would illegally reduce competition and suppress wages for screenwriters.
