Overview

• Ibovespa closed down 0.52% at 145,109 while the dollar rose 0.33% to R$5.338, reflecting localized risk pricing even as global peers were steadier.
• The U.S. applied Magnitsky sanctions to Viviane Barci de Moraes and revoked visas for several Brazilian officials, including AGU minister Jorge Messias, a move Alexandre de Moraes called illegal and lamentable.
• Large protests against the PEC da Blindagem and potential Jan. 8 amnesties were cited by traders as lifting Brazil’s risk premium and adding electoral uncertainty.
• Cosan unveiled a capital injection of up to R$10 billion led by BTG Pactual and Perfin, sending its shares down about 18% and pulling Raízen lower as well.
• Wall Street logged a third straight record close led by technology names such as Apple, Nvidia and Oracle despite cautious Fed remarks, while European stocks were pressured by automaker downgrades and airline weakness after cyberattacks.