Bargain Hunters Make Brazilian Market Rebound

Latin American shares turned higher, led by Brazilian receipts, which received the brunt of yesterday’s steep declines. U.S. shares managed to post strong gains amid mixed economic data, as Microsoft posted solid quarterly results and gave a positive revenue outlook, while crude oil prices slumped.

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Starts Push Towards Fertilizer Independence

With the dust from the international economic crisis starting to settle down, the market ...

Dictatorship Cloud Hangs Over Brazil’s Efforts to Assert Its Military Might

In recent years, the Brazilian military has embarked on a mission to re-invent itself ...

Brazil’s Share of World Investment Grows from 1.7% to 3%

The Brazilian share of worldwide foreign direct investment (FDI) has grown. According to the ...

Jet Vetoed by US Is Not Attack Plane, Says Brazil’s Embraer

The president of the Brazilian Aeronautics Company (Embraer), MaurÀ­cio Botelho, affirmed on Friday, January ...

Happy Penis, a Brazilian Program Dispenses Free Viagra to the Elderly

McDonald’s has Happy Meals and the litlte town of Novo Santo Antônio (population: 1168) ...

Brazilian Government Builds Condom Factory and Gives Away 1 Billion Rubbers

The Brazilian government will distribute approximately 1 billion free condoms to the population, in ...

Brazilian Indians Get US$ 2.8 Million for Health Care

Health care will be reinforced for Indians who live in eleven Brazilian states. The ...

Blood, Deceit and the Brazilian Miracle

A new book reveals Brazil’s General-President Ernesto Geisel talking in a taped conversation about ...

Brazil, a Giant with Too Much Fat and Too Little Muscle

Brazil, the largest economy in Latin America, is in dire need of structural reforms ...

For Minister Brazil’s 5.2% GDP Shows a Healthy Economy

Brazil’s Minister of Finance, Antônio Palocci, considered the 5.2% growth in the GDP (Gross ...