INSUBCONTINENT EXCLUSIVE:
The Brazilian Financial and Futures Exchange reported this upward trend on Tuesday.Ibovespa closed at 123,338.34 points, marking a 0.39%
This rise coincided with positive performances on Wall Street and in the banking sector
The news caught ministers off guard
Many still believe Lula will run, citing a lack of suitable successors.Braskem shares continued their upward trajectory for the third
These initiatives, valued at R$614 million, aim to expand production capacity in Bahia, Rio Grande do Sul, and Alagoas.Meatpacking companies
faced pressure due to an avian flu outbreak in the United States
BRF saw the most significant decline, with its stock dropping over 7% during trading
Petrobras closed slightly lower, mirroring oil price movements.Ibovespa Stumbles Below Milestone Amid Global Uncertainty
(Photo Internet reproduction)Vale also experienced a downturn, contrasting with rising iron ore prices in China
US markets reopened after the Martin Luther King Jr
They responded to statements made by Donald Trump during his inauguration as US President.Market UpdateTrump suggested imposing 25% tariffs
on Mexican and Canadian imports starting February 1st
The new president also addressed potential tariffs on Chinese imports.He emphasized the need for extensive discussions before setting a date
Trump hinted at the possibility of taxing European goods as well
The S&P 500 rose 0.88% to 6,049.24 points
The Dow Jones Industrial Average gained 1.24%, reaching 44,025.81 points.The Nasdaq Composite Index increased by 0.64% to 19,756.78 points
These gains reflected overall market optimism despite individual stock challenges.
