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Brazil's Ibovespa Soars as Trump Declares Iran War Ending

3/10/2026

Summary

Story summary

The Ibovespa rose 0.86% after U.S. President Donald Trump claimed the Iran war is 'practically concluded'.
The dollar fell to 5.1641 reais, its lowest level since before the recent strikes.
In São Paulo, MASP hosts a Tuesday presenting three exhibitions in the Histórias Latino-Americanas cycle, featuring Sandra Gamarra Heshiki, La Chola Poblete, Claudia Alarcón, running to August 2.
The Focus Report raised the year-end Selic forecast from 12.00% to 12.13%.

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Story summary

The Ibovespa rose 0.86% after U.S. President Donald Trump claimed the Iran war is 'practically concluded'.
The dollar fell to 5.1641 reais, its lowest level since before the recent strikes.
In São Paulo, MASP hosts a Tuesday presenting three exhibitions in the Histórias Latino-Americanas cycle, featuring Sandra Gamarra Heshiki, La Chola Poblete, Claudia Alarcón, running to August 2.
The Focus Report raised the year-end Selic forecast from 12.00% to 12.13%.