On Monday, the Ibovespa index dropped below 127,000 points, influenced by the federal government announcing a R$300 billion industrial initiative. The Ibovespa closed down 0.82% at 126,586.46 points, diverging from Wall Street’s performance. Factors such as Vale’s (VALE3) decrease and a general fall in banking stocks contributed to the downturn. President Luiz Inácio Lula da […]
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