Brazil’s Ibovespa Rises After U.S. Jobs Report

The Ibovespa, Brazil’s leading stock index, initially fell following stronger-than-expected U.S. employment data. However, it quickly rebounded, gaining strength on Friday. This surge was driven by significant gains in blue-chip stocks, particularly Petrobras and Vale. At approximately 12:25 PM in Brasília, the index had climbed by 0.84% to 127,071 points. Simultaneously, the U.S. dollar traded […]

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