Check the behavior of the stock market today and find out everything about what is happening in the market
A stock Exchange Today opens the week and the month with a slight drop. At around 10:40 am this Monday (1), the stock market fell 0.11%, to 127,960.45 points.
It is important to highlight that the stock market fell 4.5% in the first quarter of 2024. In March, performance was also negative, with a drop of 0.71%. It is, therefore, the beginning of a month in which the market seeks recovery.
Download your ‘Financial Control Spreadsheet’ and unlock your plans! subscribe now
By registering, you agree to the Terms of Use and receive our daily and weekly newsletters for free.
Stock market today: an analysis
Therefore, in a report issued today before the opening of the stock exchange, the Itaú BBA indicates that the Ibovespa range is well defined. “Support at 124,800 points and resistance at 131,700 points. What could have been a boost here, in the case of the global scenario renewing highs, was not”, explains the report.
Thus, and despite this, Fábio Perina and team, who signed the document, indicate that from a medium-term perspective, as long as the index remains above its 200-period moving average, the main target to be pursued continues to be the region of 150 thousand points.
And how is the dollar today?
The dollar began to rise this Monday morning and renewed its maximum at R$ 5.0353 (up 0.40%) in the spot market, after opening lower, responding to a slight profit-taking in the wake of a gain of 0 .86% in March and 3.34% in the first quarter of the year.
The foreign exchange market adjusts to the strengthening of the dollar and intermediate and long Treasury yields following the release of US PCE inflation in February and the speech by Federal Reserve President Jerome Powell , during the holiday Friday in the United States and Brazil.
With information from Estadão Content
Financial Intelligence is a journalistic channel and this content should not be interpreted as a recommendation to buy or sell investments. Before investing, check your investor profile, your objectives and always stay well informed.
 opens lower){kind=link}