Brazilian stock market closes at a strong high and has first positive week since March

The appetite for risk boosted foreign stock markets after Powell again discarded the increase in the pace of high interest rates in the US.

RIO DE JANEIRO, BRAZIL - The Brazilian stock market, Ibovespa, closed this Friday, May 13, high, following the positive tone of the international market. With the result, the Ibovespa rose 1.70% in the week - its first positive weekly result since March.

Stock markets in Europe and the United States recovered part of the losses of the last trading sessions after Jerome Powell, president of the Federal Reserve (Fed, American central bank), reaffirmed the day before the intention . . .

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