The Ibovespa fell 0.9% to close at 180,342 on Tuesday, pressured by disappointing Petrobras results and losses in banking stocks. Petrobras dropped 1.6% after reporting a 7.2% annual decline in first-quarter 2026 profit, alongside weaker adjusted EBITDA and lower diesel and gasoline revenues. Major banks also traded lower as Brazil’s inflation rate accelerated in April, driven by higher food and fuel prices and moving closer to the upper limit of the central bank’s target range. The data reinforced concerns that persistent inflationary pressures could slow the pace of future Selic rate cuts. Higher bond yields also fueled worries over borrowing costs and weaker credit demand. Itau fell 1.1%, Bradesco lost 0.9%, and Ita