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Mexico stocks are falling right now because of an earthquake


A woman reacts as a real quake rattles Mexico City on September 19, 2017 as an earthquake drill was being held in the capital.

Ronaldo Schemidt | AFP | Getty Images

A woman reacts as a real quake rattles Mexico City on September 19, 2017 as an earthquake drill was being held in the capital.

Mexican stocks fell Tuesday after news of a strong earthquake that shook buildings in Mexico City hit.

The iShares MSCI Mexico Capped exchange-traded fund (EWW) traded 0.5 percent lower, hitting session lows.

The U.S. Geological Survey said a 7.1 magnitude earthquake hit Southern Mexico. This earthquake comes less than two weeks after Mexico suffered a massive 8.1 magnitude quake. At least 32 people were killed following the Sept. 8 earthquake.

The Mexican peso also fell against the dollar following the news. It traded at 17.77, down 0.1 percent, versus the U.S. currency.

Mexico’s Bolsa stock exchange also halted trading after the quake, according to its official Twitter account.

The tweet reads: “Due to the earthquake, #LaBolsa has suspended the trading session for the safety of the personnel.”

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