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Brazil’s Ibovespa closes down 3.39% with only 2 index stocks rising; oil plunged over 10%

RIO DE JANEIRO, BRAZIL - In one day Ibovespa lost everything it had accumulated over 3 sessions - and then some. The Exchange index had its second worst closing of the year and ended the trading session with its largest daily drop in over a month.

The list of negative results doesn't stop there: with yesterday's performance, the index marked what should be another negative month, with only 2 sessions left in November.

The stock market lacked any kind of support in yesterday's session. Global markets plummeted with the revelation of a new Covid-19 variant, a strain dubbed . . .

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