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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
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Indices

Ibovespa Slips on Inflation Concerns

The Ibovespa shed 0.4% to close at 185,229 on Friday following the release of IGP-M inflation data for September. Brazil’s General Price Index – Market rose 1.47% in the second preview for September, rebounding from the 0.36% deflation recorded in the same August reading. Meanwhile, oil prices were volatile as supply concerns persisted. Elevated energy costs continue to put upward pressure on inflation and, consequently, borrowing costs. Major banks moved lower, with Itaú losing 0.6% and Bradesco down 0.9%. Utilities also posted losses, with Axia shedding 2.9%. Miners traded lower despite higher Chinese iron ore prices, with Vale retreating 1.5%, CSN Mineração down 1.9%, and Usiminas losing 2.7%. Cemig fell 0.6% after JPMorgan maintained its sell recommendation on the stock. Petrobras edged 0.2% lower despite higher oil prices. The Ibovespa lost 1.1% on the week.

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