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    "headline": "Mexican Stock Market Rises as US Rate Hike Expectations Fade",
    "dek": "Mexico's IPC index gained 0.85% as Wall Street rallied on moderating Federal Reserve rate hike expectations.",
    "prose": "The Bolsa Mexicana de Valores (BMV) index closed with a gain of 0.85% on Thursday, reaching 65,436.16 points. [^1]\n\nThe S&P 500 index rose 1.06% to 7,747.59 points, the Nasdaq Composite gained 1.40% to 26,584.06 points, and the Dow Jones Industrial Average increased 1.18% to 53,685.52 points. [^2]\n\nNVIDIA confirmed on Thursday that it has agreed to acquire Hugging Face for $12.93 billion. [^3]\n\nAccording to Fed Watch data, the probability of the Federal Reserve raising interest rates at its next meeting fell from 63.2% to 50.4%. [^4]\n\nSnowflake shares surged 16.55% to $356.47 after the company reported revenue of $1,550 million for the April-June period, exceeding market expectations of $1,480 million. [^5]\n\nHugging Face CEO Clément Delangue stated that his company contacted Huang after deciding that open-source AI needed greater resources, scale, and visibility. [^6]\n\nNVIDIA CEO Jensen Huang stated that Hugging Face had attracted other potential buyers but maintained that NVIDIA was its natural home. [^7]\n\nNVIDIA will pay $11.9 billion to Hugging Face shareholders and offer up to $1 billion in stock-based retention incentives. [^8]",
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