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Here's Why Brazil ETFs Breezing Past S&P 500 This Year - Yahoo Canada Shine On

Brazil’s Bovespa stock index has gained 10% this year, while the S&P 500 is down 25% and the MSCI Emerging Markets Index has lost 30%. In Mexico, Latin America's second largest equity market after Brazil, per Wall Street Journal. This happened despite a strong greenback. Invesco DB US Dollar Index Bullish ETF UUP is up about 19.6% in the past one year (as of Oct 21, 2022).

Yahoo     May 22, 2024