INSUBCONTINENT EXCLUSIVE:
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
0.3% in December, which influenced interest rate expectations
Santander and Embraer; Dollar Rebounds to R$5.79
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
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.
