Brazil: Ibovespa Closes Week at Over 1-Month Low.
The Ibovespa fell 0.6% to close at 179,365 on Friday, hitting an over one-month low as intensifying Middle East conflict and weak US employment data heightened fears of global stagflation. Market participants reacted to surging energy prices by rotating out of interest-sensitive and cyclical stocks while domestic yields rose to pressure credit markets. Major banks faced selling pressure with Banco Do Brasil, Santander, Bradesco, and Ita