Brazilian Stock Market Declines as China’s Stimulus Package Falls Short

The Brazilian stock market, Ibovespa, experienced a downturn on Tuesday. Investors reacted to China’s new stimulus package, which disappointed market expectations. The index closed 0.38% lower at 131,514.03 points, according to preliminary data. China’s government announced plans to advance 100 billion yuan ($14 billion) from its 2025 investment budget. They also allocated another 100 billion […]