SAO PAULO (Reuters) – The main Brazilian stock index rose at the opening, extending gains after two sessions in the positive, amid the advance of stock futures in the United States. Investors were evaluating the pace of interest rate hikes to be adopted by the Federal Reserve in the coming months.
On the local scene, the market continues with the issue of servers on the radar, after President Jair Bolsonaro said the day before that there is a “general cry” about whether the government will grant a salary readjustment only to some categories of public security, but emphasizing that the alternative may be for the entire federal civil service to go without a raise.
At 10:17, the Ibovespa rose 0.49% to 108,541.41 points.
(By Andre Romani)
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