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IBOVESPA Climbs Over Three Percent, Closes up for Seventh Straight Trading Session

RIO DE JANEIRO, BRAZIL - The Brazilian stock market closed up for the seventh straight trading session on Monday, June 8th, with investors optimistic about the rebound of the world's leading economies. IBOVESPA, the main stock index, rose 3.18 percent and closed at 97,644.67 points - its highest level since March 6th.

In the market, expectations are growing that the impact of the coronavirus on economies will be lower than formerly expected, as economic data are better than projected. On Friday, June 5th, there was great euphoria after the United States reported growth in the labor market in . . .

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