Economic Data from U.S. Sparks Global Market Declines, Affecting Brazil and Asia

The financial markets faced a turbulent end to the week on August 2, 2024, driven by mounting fears of a recession in the United States. The Brazilian stock market, represented by the Ibovespa, closed down 1.21%, reaching 128,854.09 points, marking a loss of 1,541 points. This decline extended the market’s losing streak to three consecutive […]