S&P 500 — US Large Cap Index
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
The Ibovespa added 0.3% to close at 175,665 on Friday, erasing earlier losses and extending its winning streak to eight consecutive sessions. Brazil created 58,568 formal jobs in July, well below forecasts of 112,000 and down sharply from 145,161 in June. Meanwhile, the PPI rose 1.94% year-on-year in July, slowing from 2.47% in June, while the IGP-M fell. Softer labor and inflation data could allow the BCB to continue its 25-basis-point easing cycle, supporting credit-sensitive stocks. Financials gained, with Bradesco and Itaúsa adding 0.9% and Banco do Brasil rising 1%. B3 gained 2% after JPMorgan said emerging-market equity funds recorded higher inflows, with Brazil recovering after four weeks of heavy outflows. Utilities also advanced, with Axia rising 0.9%. Petrobras climbed 2% after Bradesco BBI upgraded the stock to Outperform from Neutral. In contrast, Vale shed 0.7% after a trial concerning the taxation of profits earned by the miner’s foreign subsidiaries was suspended.
