INSUBCONTINENT EXCLUSIVE:
Today, Tuesday, offers a packed economic agenda internationally, but in Brazil, attention pivots around the ongoing speculation about the
retail sales data for May.10:15 AM: U.S
Investor Updates and Global Economic ScheduleBefore market open, here are essential updates you need to know this Tuesday:Stock Market
Recap: The stock market experienced a downturn, closing at 119,138 points, down 0.44%.Policy Updates: Finance Minister Fernando Haddad
presented a proposal for budget cuts to President Lula yesterday afternoon
This is part of a broader market response to public account balancing needs
Further details can be accessed online.Market Watch: BTG maintained a buy recommendation for Localiza (RENT3) shares but lowered the target
Stock Market Trends: The New York stock exchanges ended higher, with the S-P 500 and Nasdaq setting new historical records, driven by a
rally in stocks benefiting from high demand for generative AI
This occurred despite conservative signals from the Federal Reserve, leading to a U.S
The Dow Jones advanced 0.49% to 38,778.10 points; the S-P 500 rose 0.77% to 5,473.23 points; and the Nasdaq increased by 0.95% to 17,857.02
points.This summary captures the essential data and developments affecting markets, providing investors with a concise overview to start
