Stock Trading News – Brazilian stocks recovering after tax-spurred sell-off – MarketWatch
LOS ANGELES (MarketWatch) — Brazilian equities rose 2% on Wednesday, lifted by investors looking for bargains a day after a government-imposed tax on securities spurred the strongest sell-off in stocks in four months. The new 2% tax is likely to stay in spite of criticism of its limited effectiveness, said Christopher Garman, director of the Latin America practice at political-risk consultancy Eurasia Group, in a note late Tuesday. Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . read more
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