The Chilean stock market falls sharply again, with the IPSA index dropping below 6,300 points

This occurs in a context where the President of Spain, Pedro Sánchez, will sign agreements with the President of Brazil, Luiz Inácio Lula da Silva, and with the President of Chile, Gabriel Boric, during his visit this week to both countries to increase bilateral strategic alliances and strengthen cooperation of all kinds.

Sánchez will begin his first trip to Latin America of the term on Tuesday, with the first leg in Brazil, where he will visit Brasilia and Sao Paulo, and will conclude in Santiago, Chile.

He will hold meetings with Lula and Boric and engage in a series of activities with a strong emphasis on economic and commercial matters, given the importance of such relationships with both countries and particularly with Brazil.

What is beginning to concern some investors is whether some of these stretched technology companies can indeed live up to the high valuations placed upon them.

Instead of stocks, agents showed preferences for bonds, leading to a massive decline in interest rates in global markets. This followed new figures that entered the scene in the US today: the ISM services index was weaker than expected, while January factory orders fell more than anticipated. On the other hand, S&P Global revised upwards its business confidence indices from last month in the US.