One day after breaking a record, the Brazilian stock market had a day of strong correction and fell just over 2%, driven by bank shares. The dollar closed stable, despite international pressure.
The Ibovespa index, from B3, closed this Wednesday (4) at 181,708 points, with a decline of 2.14%. The indicator was influenced both by the fall in United States stock markets and by profit-taking, when investors sell securities to pocket gains from recent records.
The stock market had a quieter day. The commercial dollar closed this Wednesday sold at R$ 5.25, the same value as on Tuesday (3). The price dropped to R$5.21 shortly before 11 am, but returned to the stability zone during the afternoon. In 2026, the US currency falls 4.38%.
In relation to the dollar, the appreciation of commodities (primary goods with international prices) made several currencies from emerging countries resist external pressure. The price of a barrel of Brent oil rose just over 3% after impasses in negotiations between the United States and Iran.
The stock market followed the fall of American stock exchanges, amid fears of a bubble bursting in artificial intelligence companies. Furthermore, the smaller-than-expected drop in service sector activity in the United States reduced the chances of the Federal Reserve (US Central Bank) cutting interest rates at the next meeting in March.
*With information from Reuters
