The Ibovespa gained traction with banks and Embraers record jet orders, reclaiming 125,000 points; the dollar rose to R$5.79.The Ibovespa index climbed 0.31% to 125,534.07 points as the earnings season kicked off.
Investors focused on statements from Brazilian and United States officials alongside economic data.The United States dollar rose by 0.38% to R$5.7942, ending its series of declines.
In Brazil, President Lula announced plans to control inflation and living costs.
He aims to ensure basic goods remain affordable for workers.Finance Minister Fernando Haddad added that an upcoming income tax reform will offer exemptions for those earning up to R$5,000 monthly, with measures to offset revenue loss.Brazils industrial production dropped by 0.3% in December, which influenced interest rate expectations.
Embraers shares surged nearly 16% after securing a deal with Flexjet worth up to $7 billion for executive jets.Ibovespa Rises with Santander and Embraer; Dollar Rebounds to R$5.79.
(Photo Internet reproduction)Analysts from JP Morgan, Ita BBA, and XP praised the deal for boosting investor confidence and growth outlook.
Santanders stock rose significantly following a Q4 profit increase of 75% to R$3.9 billion, pushing its market cap over R$100 billion.Market MovementsThis performance uplifted shares of other banks, with investors anticipating Ita Unibancos results.
Azul led the declines in the Ibovespa after announcing a capital increase that might dilute minority shareholders.Among heavyweights, Petrobras fell with declining oil prices, while Vale rose despite weaker iron ore market signals from China.
In the United States , stocks ended higher, influenced by corporate earnings and economic indicators.Alphabet and AMD dropped over 7% due to disappointing Q4 results, whereas Nvidia gained over 5% after positive news from Super Micro Computer.
United States private sector job growth rose in January, but service sector activity slowed down.Investors also watched for potential trade war escalations with China under Trumps tariff policies.
United States indices closed as follows: Dow Jones up 0.71% at 44,873.28, S-P 500 up 0.39% at 6,061.48, and Nasdaq up 0.19% at 19,692.33.