IBOVESPA Cuts Losses to 12 Percent and Pulls Away From Second Halt

Donald Trump's statements on possible rising unemployment in the United States put pressure on the stock market.

RIO DE JANEIRO, BRAZIL - The Brazilian stock market was once again in decline after trading was halted at 1:18 PM, when the IBOVESPA, the B3's main stock index, dropped by 10.26 percent. The downtrend occurred amid another wave of global pessimism regarding the economic impacts of the Covid-19 coronavirus pandemic.

This was the sixth time that the circuit breaker was triggered in Brazil since last week. It interrupts trading . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?