Ibovespa Pauses Near 157,000 After 15-Session Rally

Overview

• The index pulled back from morning highs above 158,000 to hover around 157,000 in afternoon trade after 12 record closes in recent sessions.
• Petrobras shares fell on softer international oil prices, while gains in Vale helped limit the index’s decline.
• The dollar rose 0.37% to R$5.292 as investors tempered risk appetite following the extended advance.
• B3 reported heavier activity in banks, commodities and consumption stocks; retail and technology led gains, while oil, energy and airlines lagged.
• European markets closed higher on earnings strength and expectations for U.S. action to end the shutdown, which would restore economic data releases watched for Federal Reserve cues.