The Brazilian stock market index Ibovespa has shown consistent gains over the week, reaching its highest levels since September 2024. The index closed at 134,580 points on April 24, marking a 1.79% increase for the day and a weekly gain of approximately 4%. This upward trend was supported by positive market sentiment driven by signs of moderation in U.S. trade policy under President Donald Trump and reduced tensions in the U.S.-China trade war. Key contributors to the Ibovespa's rise included strong performances from stocks such as HYPE3 (up 12.3%), MGLU3 (up 10.8%), and PETZ3 (up 9.7%). Conversely, some stocks like AZUL4 fell sharply by 24.8%. Meanwhile, the Brazilian real strengthened against the U.S. dollar, which fell for five consecutive sessions, closing below R$5.70 at R$5.69 on April 24. The dollar's decline was influenced by easing concerns over trade tariffs and expectations of lower U.S. interest rates. The euro showed minor fluctuations, closing near R$6.48. Overall, the market reacted positively to a more benign outlook on trade negotiations and a calmer political environment in the U.S., which helped lift investor confidence and drive the Ibovespa to new yearly highs.