Ticker	Volume	Price	Price Delta
DJIA	15,387.60	+52.30	0.34%
S&P 500	1,669.16	+2.87	0.17%
Nasdaq	3,502.12	+5.69	0.16%

Ticker

Volume

Price

Price Delta

DJIA

15,387.60

+52.30

0.34%

S&P 500

1,669.16

+2.87

0.17%

Nasdaq

3,502.12

+5.69

0.16%

Ticker	Volume	Price	Price Delta
STOXX 50	2,813.32	-8.33	-0.30%
FTSE 100	6,801.02	-2.85	-0.04%
DAX	8,463.08	-9.12	-0.11%

Ticker

Volume

Price

Price Delta

STOXX 50

2,813.32

-8.33

-0.30%

FTSE 100

6,801.02

-2.85

-0.04%

DAX

8,463.08

-9.12

-0.11%

Ticker	Volume	Price	Price Delta
Nikkei	15,627.30	+246.24	1.60%
Hang Seng	23,261.10	-105.29	-0.45%
S&P/ASX 200	5,165.37	-14.69	-0.28%

Ticker

Volume

Price

Price Delta

Nikkei

15,627.30

+246.24

1.60%

Hang Seng

23,261.10

-105.29

-0.45%

S&P/ASX 200

5,165.37

-14.69

-0.28%

Brazil ‘Protectionist’ Drive May Hurt Retailers, JPMorgan Says

By Alexander Cuadros - 2011-02-24T13:00:08Z

“Protectionist” Brazilian government initiatives to shore up local industry amid rising imports would hurt retailers while benefiting makers of industrial goods, JPMorgan Chase & Co. said.

Higher import tariffs would boost costs for retailers Lojas Renner SA, Cia. Brasileira de Distribuicao Grupo Pao de Acucar and Guararapes Confeccoes SA, analysts at JPMorgan, including Emy Shayo Cherman, wrote in a note to clients today.

Industrial-goods makers Marcopolo SA, Weg SA, Randon SA Implementos e Participacoes and Iochpe-Maxion SA would benefit from the measures, which may include tax breaks, according to JPMorgan.

To contact the reporter on this story: Alexander Cuadros in Sao Paulo at acuadros@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulous@bloomberg.net

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