FX.co ★ Ibovespa Declines for the 2nd Session

On Wednesday, the Ibovespa index declined approximately 0.5%, dropping below the 128,800 mark. This downturn was triggered by growing trade tensions and regulatory uncertainties. Recent actions by the Trump administration, such as imposing licensing requirements on Nvidia's advanced chips destined for China and hinting at potential new tariffs on semiconductors and pharmaceuticals, have sparked concerns over disruptions in global supply chains. These policy maneuvers create challenges for technology and industrial companies dependent on international component flows and indirectly impact commodity producers and financial institutions exposed to global market fluctuations. While China's strong Q1 growth offered some support, the broader market sentiment remains cautious amidst ongoing trade conflicts and mixed economic signals, which could adversely affect Brazil's export-driven sectors. Leading the declines were major players like Vale, WEG, Companhia Sanea, and B3, each of which saw their shares fall by over 1%.