The Ibovespa rose 0.8% to close at 140,993 on Thursday, rebounding toward record highs, amid expectations for cheaper global funding conditions and clearer prospects for US rate cuts. Weak US labor indicators this week reinforced expectations that the Federal Reserve will ease soon, providing support to riskier assets. At home investors also cheered a successful sovereign funding operation that bolstered market liquidity and investor confidence after the Treasury raised over $3 billion in a two part foreign bond deal. Softer inflation trajectories in weekly forecasts have further strengthened the case for Brazil to follow a gradual easing path, underpinning the rotation into rate sensitive sectors. On the corporate front, Ambev, Banco Do Brasil, Embraer led the way rising over 2%.