Recent struggles in stocks traded in São Paulo may be an opportunity for investors to buy into Latin America's largest economy at a discount.
Recent struggles in Brazilian stocks could be an opportunity for investors to buy into Latin America's largest economy at a discount. Bovespa , the country's stock index, is down about 9% year to date and fell roughly 3% last month. That marked the benchmark's worst May performance since 2018 — when it dropped nearly 11%. The iShares MSCI Brazil ETF is also under pressure, losing 15% year to date and 5% in May.
Nvidia will be key to market's direction as Wall Street heads into the summer with May jobs report on deck
Petroleo Brasileiro SA Petrobras Petroleo Brasileiro SA Petrobras Vale SA Vale SA Ishares MSCI Emerging Markets ETF Ishares MSCI Brazil ETF Bovespa Stock Markets Investment Strategy United States Business News
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