Mexico's stock market closed lower today, with the S&P/BMV IPC index dropping by 0.56%. This decline reflects ongoing concerns among investors about economic stability and market performance, which could impact future investments and consumer confidence in the region.

The US trade negotiator has announced ongoing discussions for a potential trade deal with Switzerland, highlighting a proactive approach to international trade relations. This development is significant as it could enhance economic ties and open new markets for American businesses. Additionally, talks are also underway with Mexico, indicating a broader strategy to strengthen trade partnerships in North America and beyond.

Shipping giant Maersk has raised the lower end of its earnings guidance, reflecting strong demand for containers despite a decline in freight rates. This is significant as it highlights the company's ability to adapt to market challenges, particularly with reduced volumes from China to the U.S. The positive outlook suggests that Maersk is well-positioned to navigate the evolving shipping landscape.

In a surprising turn of events, Mexico has outshined the US in the luxury hotel sector, as highlighted by the recent World's 50 Best ranking. The Rosewood Hong Kong has claimed the top position, showcasing the growing prestige of luxury accommodations in Mexico. This shift not only reflects the evolving landscape of global tourism but also emphasizes Mexico's ability to attract high-end travelers, making it a key player in the luxury market.

Automakers are calling on the U.S. government to extend the North America free trade deal, emphasizing its importance for the automotive industry and the economy. This extension could lead to increased trade and collaboration among the U.S., Canada, and Mexico, benefiting consumers and businesses alike. By maintaining strong trade relations, the automakers believe they can enhance competitiveness and innovation in the region.

Coca-Cola Femsa has reported impressive earnings, surpassing estimates by Mex$1.79. The company's revenue also exceeded expectations, showcasing strong performance in the market.