The Ibovespa is trading higher today, driven by global optimism following a trade agreement between the US and China. The index was up 0.69%, reaching 137,459 points in the morning. This movement reflects the temporary reduction of trade tariffs between the two largest economies in the world, which has led to a rush for risk assets.
In addition, shares of Petrobras (PETR4) and Vale (VALE3) recorded significant gains, with increases of 3.53% and 3.81%, respectively. The commodities sector also benefited, with iron ore rising by 3.16% on the Dalian Exchange.
