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News 2026-09-29 20:43 UTC

Ibovespa Rises as Labor Market Shows Signs of Cooling

The Ibovespa gained 0.5% to close at 183,828 on Tuesday, as signs of gradual cooling in the labor market supported credit-sensitive sectors. Brazil created 165,827 formal jobs in August, above forecasts of 95,700 and up from 58,568 in July, marking the highest result since March. Unemployment stood at 5.3% in the rolli