São Paulo stock exchange reverses losses and closes higher on US-Iran negotiation signals

São Paulo stock exchange reverses losses and closes higher on US-Iran negotiation signals

The São Paulo stock exchange reversed its losses in the final minutes of trading and closed Tuesday with a slight gain of 0.05%, lifted by President Donald Trump's statement that he is in "heated negotiations" with Iran just hours before his ultimatum for the reopening of the Strait of Hormuz expired.

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