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2024

Ibovespa Stumbles After Record Streak Amid Central Bank Comments

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After achieving consecutive record highs, Brazil’s main stock index, the Ibovespa, experienced a pullback. Influences included significant stocks and central bank executives’ statements, coupled with a negative trend on Wall Street. On Thursday, the Ibovespa closed the trading day down 0.95% at 135,137.39 points. Meanwhile, the U.S. dollar appreciated, ending at 5.5904 BRL, which is […]