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The Nexus
BUSINESSJul 9 · 05:44 UTCTHE RIO TIMESDiego Fernández

Brazil Markets: Ibovespa & the Real — July 9, 2026

Brazil's Ibovespa fell 0.79% as Vale dropped 4.6% due to softer iron ore prices, while a US-Iran oil spike supported Petrobras and stabilized the real. The market decline was partially offset by gains in energy stocks and currency stability.

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