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Home » UPDATE 1-Brazil, Mexico stocks reach record highs after interest rate decisions

UPDATE 1-Brazil, Mexico stocks reach record highs after interest rate decisions

    Brazilian and Mexican stocks rose to record highs on Thursday, propelled by the U.S. Federal Reserve's signaling toward lower interest rates in 2024 and monetary policy decisions in both Latin American nations. Brazil's equities benchmark index Bovespa settled up 1.06% on Thursday, reaching a new closing high of 130,842.09 points, after climbing to an intraday record of 131,259.81 earlier in the day.

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