The episode begins with U.S. industrial production data, showing a 2% monthly increase in February, above expectations but moderating from January. Manufacturing was led by vehicle, chemical, plastic, and paper production, while mining advanced and utilities declined due to lower natural gas consumption. Annually, industrial production rose 1.4%. U.S. stock markets rebounded from previous losses, supported by eased energy tensions as ships crossed the Strait of Hormuz. European markets recovered with slight energy price moderation. Asian markets had mixed performance despite China's retail sales growing 2.8% annually. U.S. Treasury yields fell amid safe-haven demand and natural gas production concerns. In Colombia, the Colcap index increased 22% to 2,185 points, with Ecopetrol and Cibes as the most traded stocks. ISA reported the termination of its former president's labor contract after a State Council ruling annulled the appointment. The dollar closed at 3,707.70 pesos, with a 0.08% peso depreciation. Corfi Colombiana reported profits boosted by an extraordinary effect from hotel asset separation and will propose dividends for preferred shares. Terpel presented below-expected results, affected by lower volumes in Peru and Ecuador but with good performance in Colombia. Da Vivienda Group registered a strong profit increase from a non-recurring effect linked to Scotiabank's acquisition in the region. Colombian manufacturing production fell 5% annually in January, while retail sales grew 7.8%, led by the automotive and durable goods sectors.
