Ibovespa Stalls Amid Global Financial Uncertainty

The calm of Monday masks a week fraught with global economic tension. Ibovespa closed flat, down 0.01% at 120,759.51, despite earlier gains. Market watchers had braced for such volatility. Leonel Mattos of StoneX observed that the market sought equilibrium after Friday’s unsettling U.S. jobs data. Brazilian markets initially reeled from potentially loosened fiscal targets hinted […]