On a day of euphoria in the financial market, the stock market surpassed the 161,000-point mark for the first time and broke another closing record. The dollar fell to its lowest level in two weeks.
The Ibovespa index, from B3, closed this Tuesday (2) at 161,092 points, an increase of 1.56%. The indicator not only recovered from the drop on Monday (1st) but also surpassed the previous record, of 159 thousand points reached on Friday (28th).
The Brazilian stock market rises 1.27% in the week. In 2025, Ibovespa accumulates gains of 33.93%.
The foreign exchange market also had a positive day. The commercial dollar closed this Tuesday sold at R$ 5.33, with a decrease of R$ 0.028 (-0.52%). The price operated stable during the morning, but fell in the afternoon, until closing at the day’s low.
At its lowest level since November 18, the US currency falls 13.75% in 2025.
Both internal and external factors influenced the market. On the international scene, US government bond rates fell as bets increased that the Federal Reserve (Fed, Central Bank of the United States) will cut interest rates at next week’s meeting. This caused the dollar to fall across the planet.
In the domestic scenario, the approval by the Senate of the bill that increases the taxation of fintechs and bets (sports betting companies) was well received by investors. The measure will help the government close its accounts in 2026.
Furthermore, the 0.1% increase in industrial production in October helped boost the stock market. Although positive, the number was below expectations, which increased the chances of the Central Bank starting to cut interest rates in January.
The dollar intensified its fall, and the stock market increased its rise after the release of the telephone conversation between presidents Luiz Inácio Lula da Silva and Donald Trump. At a press conference at the White House, Trump did not give details of the dialogue, but praised Lula, saying he “likes him”, helping to reduce tensions between the United States and Brazil.
* with information from Reuters
