Ibovespa closes with a slight drop this Monday, at 172,000 points.

THE Ibovespa closed this Tuesday (7) with a slight decrease of 0.25%, at 172,020.68 points. At its highest point of the day, the main indicator of Brazilian Stock Exchange (B3) It reached 173,543.67 points; at its lowest point, it fell to 171,417.06 points. Of greater weight in the composition of B3a OK (VALE3) It plummeted 2.04%. On the other hand, the shares of Petrobras (PETR3; PETR4) They recorded strong gains of 2.65% and 1.77%, respectively. The major banks ended the day in negative territory: the Itaú (ITUB4) recorded losses of 0.42%; the Banco do Brasil (BBAS3) It fell 1.05%; the Bradesco (BBDC4) It depreciated by 0.30%; the Santander (SANB11) It fell 0.89%; and the BTG Pactual (BPAC11) It closed down 0.82%. Wall StreetThe main stock market indicators closed the day with losses. Dow Jones Industrial Average (DJIA) It fell 0.25%, to 52,925.15 points; the S&P 500 It fell 0.45%, to 7,503.85 points; and the Nasdaq The index depreciated 1.16%, to 25,818.69 points. In this trading session, the market reacted to the escalation of tensions in the Middle East, after attacks attributed to Iran against commercial vessels in the Strait of Hormuz on Monday night (6). According to information released by international media, two commercial ships and an oil tanker were hit, rekindling doubts about the durability of the ceasefire between Washington and Tehran. In response to the attacks, the United States revoked a general license that authorized the commercialization of Iranian oil. According to US authorities, Iran's actions in the Strait of Hormuz were classified as "totally unacceptable". In the international scenario, investors also followed the first day of the summit of North Atlantic Treaty Organization (NATO)The meeting, held in Ankara, Turkey, included key topics such as increasing military spending by member countries to 5% of their budget. Gross Domestic Product (GDP) and the expansion of military support to Ukraine. In the US, attention remains focused on the release, this Wednesday (8), of the minutes of the last meeting of Federal Open Market Committee (FOMC)of Federal Reserve (Fed)The document may provide new signals regarding the conduct of monetary policy under the presidency of Kevin Warsh. In Brazil, the market continued to follow the public hearing promoted by… Office of the United States Trade Representative (USTR)which is evaluating the proposal to apply additional tariffs of 25% on Brazilian products based on Section 301 of the U.S. Trade Act. The second round of debates brought together representatives from the productive sector, from World Trade Organization (WTO), from the National Confederation of Industry (CNI), from the Brazilian Association of Footwear Industries (Abicalçados) and Brazilian parliamentarians. Among them, Senator Flávio Bolsonaro, who opposed the application of the fees and defended the Pix payment system during his participation. On the domestic economic agenda, the Getulio Vargas Foundation (FGV) reported that the General Price Index – Domestic Supply (IGP-DI) It fell 0.79% in June, reversing the 0.87% increase recorded in May. Meanwhile, the National Treasury It was announced that in the auction for the sale of National Treasury Notes Series B (NTN-B) sold a total of 150,000 securities, while also selling 1.5 million in the auction of… Treasury Financial Bills (LFT)The main indicator for the Brazilian market this week will be the release of… National Consumer Price Index (IPCA) June, scheduled for Friday (10), which should influence expectations for the next steps in the Central Bank's monetary policy.

This text was translated by machine from Brazilian Portuguese.