The Ibovespa surged 2% to close at 189,699, its highest closing level on record and setting its 11th all time high of 2026, as a stronger than expected US payroll report and a broad based earnings rally fueled risk appetite. Suzano soared 13.3% after upbeat quarterly results, while Klabin climbed 6% and TIM advanced 7.9% on earnings that topped estimates. Vale jumped 3.5% on firm iron ore prices and optimism that shares could surpass R$100 this year, while Petrobras gained 3% as oil futures strengthened. Banks added to the advance, with Bradesco up 2.5%, Ita