By The main index of the Brazilian Stock Exchange, the Ibovespa, was increasing on Thursday afternoon, driven by the rise in Valley’s shares (VALE3) and the decline in Petrobras’ shares (PETR4 and PETR3), as well as mixed activities by major banks.
At approximately 1:30 PM (Bolivian Time), the index reached a peak of 0.54%, at 123.712 points.
Vale’s shares increased by 1.45% to R$ 56.40, PTR3 rose by 0.27%, and PETR4 declined by 1.10%.
The commercial dollar increased by 0.52%, reaching R$ 5,7690.
Ibovespa reacted to the ECB’s 25 basis points interest rate cut on Thursday, bringing the rate down to 2.5%. Despite the decrease, the percentage still exceeds the upper limit of the neutral interest range, which is between 1.75% and 2.25%.
Ibovespa increases following warnings about the American economy.
Investors are monitoring the Federal Reserve closely, with Philadelphia Fed President Patrick Harker highlighting emerging warning signals on Thursday.
Harker stated that despite the current strength of the US economy, there are emerging indicators of approaching challenges, such as declining trust, even though unemployment is low and growth is sustained.
The US tariff policy remains in the spotlight, with some relief following President Trump’s decision to delay certain tariffs for an additional month.
Car manufacturers from neighboring countries to the US have a new deadline to meet. Analyst Fernando Bresciani from Andbank explains that the market is fluctuating due to this situation, leading investors to be cautious about policies.
Ibovespa reacts to the decrease in new jobless claims in the US, which dropped by 21,000 in the final week of February to 221,000 from the previous week’s 242,000.
United States of America
In the United States, the primary stock indexes are declining due to Marvell Technology’s earnings falling below expectations. Market analysts are also reacting to the introduction of the Chinese AI model Qwen by Alibaba, which is said to perform similarly to DeepSeek.
There are concerns regarding the comments made by Patrick Harker, the President of the Philadelphia Fed, about inflation decreasing but facing risks. He anticipates that price pressures will keep decreasing. Additionally, attention remains on Trump’s trade disputes with neighboring countries.
US stock market price.
Dow Jones declined by 0.34%.
S&P 500 declined by 0.88%.
Nasdaq experienced a decrease of 1.39%.
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