BUSINESSTHE RIO TIMES
LatAm Pre-Open: Value Rally Lifts Brazil as Korea Rebounds
A rotation into value stocks followed a soft US jobs report, lifting Brazil and South Korea as healthcare, utilities, and staples sectors rallied. The Dow closed at a record 52,900, while chips fell for a third day (SMH −4.54%) as growth stocks underperformed.
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Adjacent reporting
- LatAm Pre-Open: Brazil Extends Record Run as Chips Keep Sliding
- Most U.S. stocks climb toward the finish of a strong week, but drops for tech keep indexes mixed
- LatAm Pre-Open: Chip Rally Extends as Brazil Slips Again
- Most U.S. stocks climb toward the finish of a winning week, but drops for tech keep indexes mixed
- Asian shares rally after Dow hits a record, as some AI shares bounce back
- Mexican Stocks Take a Breather After the Trade-Deal Relief Rally