THE Ibovespa closed this Wednesday (17) with a moderate drop of 0.70%, to 168,453.93 points, with an accumulated loss of 1.57% in the partial week. During the trading session, the main indicator of Brazilian Stock Exchange (B3) It reached a high of 171,878.23 points; at its lowest point, the index fell to 168,915.71 points. Among the companies with the greatest weight in the composition of B3a Vale (VALE3) fell 2.04%, while shares of Petrobras (PETR3; PETR4) They closed mixed, with a decline of 0.58% and an increase of 0.08%, respectively. The major banks ended the day in mixed territory: the Banco do Brasil (BBAS3) closed with an upward bias (+0.05%); and the Itaú (ITUB4) It advanced 0.87%. On the other hand, the Bradesco (BBDC4) It depreciated by 0.62%; the BTG Pactual (BPAC11) It fell 0.61%; and the Santander (SANB11) It ended with a downward bias (-0.03%). Wall StreetThe main stock market indicators closed lower. Dow Jones Industrial Average (DJIA) It fell 0.97%, to 51,493.10 points; the S&P 500 It fell 1.21%, to 7,420.13 points; and the Nasdaq It fell 1.35%, to 26,021.66 points. In this session, marked by Super Wednesday, investors reacted to the decision of… Federal Reserve (Fed) The decision to maintain the US benchmark interest rate in the range of 3.50% to 3.75% per year is in line with market expectations. In his first press conference as chairman of the US central bank, the new chairman, Kevin Warsh, announced the creation of a task force to review key aspects of the institution's operations. The work will focus on five areas: communication, balance sheet management, use of data sources, productivity and the labor market, and the inflation framework. According to Warsh, the groups will analyze each topic in the coming weeks and present proposals to improve the conduct of US monetary policy. In Brazil, attention remained focused on the decision. of the Monetary Policy Committee (Copom)The announcement was scheduled for after the market closed. The prevailing expectation was for another 0.25 percentage point cut in the Selic rate, reducing it to 14.25% per year. Among the economic indicators released during the session, the… Central Bank reported that the Economic Activity Index (IBC-Br), considered a preview of Gross Domestic Product (GDP)The Brazilian inflation index rose 0.50% in April compared to the previous month. This result fell short of analysts' expectations, who had projected a 0.60% increase. In the US, the… Department of Commerce It was reported that retail sales grew 0.9% in May compared to April, reaching US$763.7 billion. This performance surpassed the April result, which was revised upwards by 0.4%. Internationally, investors also followed developments in negotiations between the US and Iran. During the G7 summit in France, US President Donald Trump again defended the agreement that should officially end the conflict between the two countries. According to Trump, the agreement provides for financial compensation to Iran and should be formalized next Friday (19). The president also stated that the funds will only be released if Tehran complies with the established terms. Also during the G7 meeting, President Luiz Inácio Lula da Silva, who participated as a guest, stated that he had not discussed with Trump the tariffs recently imposed by the US on Brazil, highlighting that US trade investigations are ongoing until July 1st. Lula also criticized the US government's decision to classify Comando Vermelho (CV) and Primeiro Comando da Capital (PCC) as terrorist organizations, in addition to refuting comments about the conduct of Brazilian domestic politics.
This text was translated by machine from Brazilian Portuguese.