The Ibovespa fell nearly 0.5% to hover below 136,000 on Friday, as investors focused on corporate earnings and the government’s contingency plan for US tariffs. On Wednesday, Petrobras reported a Q2 net profit of R$26.65 billion, supported by higher oil production but offset by a drop in global oil and fuel prices, but its shares dropped by over 2% in the session as markets assessed the outlook for the sector and the company's trade with the US. Meanwhile, Vice President Geraldo Alckmin called for dialogue on issues including data centers, big tech, and strategic minerals in regards to trade with the US after talking with charge d'affaires Gabriel Escobar, and said the government’s contingency plan should be unveiled by next Tuesday. Among other stocks, Vale gained 0.4%, and major banks traded mixed (Banco do Brasil -0.2%, Itau Unibanco +0.6%).