Bovespa heads into Thursday after CPI shock and 382-point loss
Published on 10/15/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDomestic demand and US inflation
- Bovespa closed October 14 at 206,506 points, down 382 points or 0.2 percent.
- US CPI reached 3.7 percent year over year against 3.6 percent expected.
- Magazine Luiza fell 4.5 percent, the session's biggest listed decliner.
- Brazil retail sales arrive October 15 at 8:00 a.m. ET, with 0.7 percent monthly growth expected.
Bovespa heads into Thursday after closing at 206,506 points on October 14, down 382 points or 0.2 percent. Higher-than-expected US inflation pushed global markets lower and kept rate-sensitive Brazilian shares under pressure, Radar Ibov reports.
Magazine Luiza fell 4.5 percent in the last session, while Petrobras gained 2.2 percent as oil shares cushioned the decline. The index remains 1.2 percent below its October 9 record close of 209,067 points, The Rio Times says.
Why did Bovespa retreat on October 14?
US consumer prices rose 3.7 percent year over year in September, above the 3.6 percent forecast. Brazil's August services output fell 0.1 percent from July, adding to the domestic slowdown signal, The Rio Times reports.
Winners and losers in Bovespa
Winners and losers on October 14 according to Radar Ibov:
- PRIO up 2.3 percent: Bank of America raised its price target.
- Petrobras up 2.2 percent: higher oil prices supported the shares.
- Usiminas down 4.8 percent: Citi cut its price target.
- Magazine Luiza down 4.5 percent: the retailer led the session's declines.
Global cues point to a defensive open
The S&P 500 fell 1.1 percent and the Nasdaq Composite lost 1.9 percent on October 14. Asian markets followed: the Nikkei 225 fell 4.9 percent and the KOSPI lost 7.6 percent, AFP reports.
What comes next for Bovespa on Thursday
- October 15, 8:00 a.m. ET: Brazil August retail sales; consensus is up 0.7 percent month over month and 1.5 percent year over year, The Rio Times reports.
- October 15, 8:30 a.m. ET: US September retail sales, producer prices and initial jobless claims are due, Investing.com reports.
- October 15, 8:30 a.m. ET: The Philadelphia Fed manufacturing index is expected at 28.2, down from 37.8, Investing.com reports.
