Ibovespa Sinks for Third Week as Inflation and Dollar Weigh on Market

Brazil’s stock market ended another week in the red. The Ibovespa index fell for the third consecutive week as inflation concerns and a stronger dollar pressured equities. Investors reacted to new economic data and global market trends. The benchmark Ibovespa closed down 0.67% at 120,269.12 points on Friday. This decline brought the weekly loss to […]