Fiscal Concerns Weigh on Brazilian Markets as Wall Street Celebrates Trump’s Victory

The Brazilian stock market struggled on Thursday, November 7, 2024, as fiscal uncertainties continued to dampen investor sentiment. Meanwhile, Wall Street extended its rally for the second consecutive day, buoyed by Donald Trump’s re-election and the Federal Reserve’s latest interest rate decision. The Ibovespa, Brazil’s main stock index, closed down 0.51% at 129,681.70 points. Investors […]