SAO PAULO (Reuters) – The Ibovespa index closed higher on Monday, driven by the positive tone of stock markets abroad before crucial inflation data in the United States, which will help guide bets on the Federal Reserve’s next steps.
Reference index of the Brazilian stock market, the Ibovespa rose 0.98%, to 113,399.47 points, according to preliminary data, having exceeded 114 thousand points at the maximum of the day. The financial volume totaled 20.8 billion reais.
(By Paula Arend Laier)
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