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"Latin American stocks weremixed on Monday, with light trading due to the Labor Day holidayin the United States. Surprisingly weak U.S. jobs data cast doubt on Friday overthe possibility of rate hikes this year, boosting demand forhigh-yielding emerging market assets. The jobs figures seemed to contradict recent comments by key Federal Reserve policymakers, who have repeatedly stressed thatthe U.S. central bank could tighten policy as soon as thismonth. Shares in Brazilian meatpacker JBS SA droppedover 10 percent, leading losers in the benchmark Bovespa index. Federal police had questioned the company's Chief ExecutiveWesley Batista on Friday about an investment by pension funds inpulp maker Eldorado Brasil SA, on whose board Batista sits. However, higher oil prices supported demandfor stock in oil companies, with shares in Brazil's state-ownedPetróleo Brasileiro SA providing thebiggest boost to the Bovespa. Oi SA, which is not part of the", uk.reuters.com
"Most Latin American stocksinched up on Monday, supported by higher crude prices andexpectations of low U.S. interest rates, though trading volumeswere thin due to the Labor Day holiday in the United States. Surprisingly weak U.S. jobs data cast doubt on Friday overthe possibility of rate hikes this year, boosting demand forhigh-yielding emerging market assets. The figures seemed to contradict recent comments by keyFederal Reserve policymakers, who have repeatedly stressed thatthe U.S. central bank could tighten policy as soon as thismonth. Higher oil prices also supported demand forshares of oil companies, with stocks of Brazil's state-ownedPetróleo Brasileiro SA the biggest boostto the Bovespa benchmark index. Nevertheless, Brazil's real currency slipped onconcerns new President Michel Temer could struggle to passausterity measures in Congress even after the impeachment of hispredecessor, Dilma Rousseff. Shares in meatpacker JBS SA dropped over", www.reuters.com
"Horsehead Holding Corp was cleared to exit bankruptcy on Friday although a U.S. judge acknowledged that allegations by the zinc producer's shareholders that their investment was being unfairly wiped out came very close to derailing the company's plan. Horsehead can now proceed with its plan", sports.yahoo.com
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