Brazil's Stocks Halt Two-Day Rally as Petrobras Sinks on Strike

Updated on
  • JBS, Renner advance as valuations seen as attractive
  • Petrobras says workers's strike is curbing oil and gas output

The Ibovespa dropped for the first time in three days as state-run oil producer Petroleo Brasileiro SA slumped after saying that a strike is cutting its output.

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