BUSINESSTHE RIO TIMES
Brazil Stocks Rise as a Weak US Jobs Report Cools Fears of Higher Rates
Brazil's Ibovespa rose 0.64% on July 2 as a weaker-than-expected US jobs report (57k vs ~110k expected) reduced concerns about higher interest rates, though the index declined from a one-month high above 174,000.
Related Signal
Adjacent reporting
- Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates
- Mexican Stocks Take a Breather After the Trade-Deal Relief Rally
- Wall Street rises toward the finish of its best week in 2 months
- Markets fall, as good jobs data indicate no interest rate cuts
- Most U.S. stocks climb toward the finish of a strong week, but drops for tech keep indexes mixed
- Bitcoin Leads a Broad Crypto Rally as Rate Fears Ease