Ibovespa futures rise 0.13% to 184,125 points

Ibovespa futures opened higher on Tuesday, September 29, 2026, but lost momentum shortly after trading began. Around 9:10 a.m. in Brasília, the contract gained 0.13% to 184,125 points. In currency markets, the spot US dollar opened down 0.27% at R$ 5.2125, moving against the DXY index, which climbed 0.07% to 101.270 points.

Analysts at Ágora Investimentos noted that cautious sentiment abroad should limit the Ibovespa index, keep focus on the real and commodity shares, and stated that labor indicators and fiscal accounts may recalibrate interest rate expectations while election polls add volatility.

Brazil's unemployment rate stood at 5.3% in the three months through August, marking the lowest level for that period in the data series starting in 2012, according to the Brazilian Institute of Geography and Statistics (IBGE). In presidential polling from AtlasIntel and Bloomberg five days ahead of the first round, a simulated runoff showed Luiz Inácio Lula da Silva with 47.6% and Flávio Bolsonaro with 47.7%, within the survey margin of error of 1 percentage point.

US equity futures traded higher around 9:30 a.m. Brasília time. S&P futures gained 0.19% to 7,761.25 points, Dow futures advanced 0.19% to 51,937.00 points, and Nasdaq futures rose 0.40% to 30,687.00 points. Meanwhile, November Brent crude fell 1.35% to $103.86 per barrel, and November WTI dropped 1.91% to $90.83 per barrel amid negotiations between the United States and Iran.