The stock market fell 0,50% and returned to 59 points on Monday.

247_The Ibovespa couldn't resist and ended up falling 0,50% to 59.970 points. Despite trying to remain stable, selling pressure was stronger throughout the trading session. Even with the good performance of Petrobras shares, the stock market reflected investors' apprehension about the situation in the US. In Europe, only the German stock market closed higher - 0,25%, driven by BMW's results. Spain, England, and France lost 1,92%, 0,16%, and 0,77%, respectively, on the day. US stock markets also traded down 0,5% and 1%.

The top performers in Brazil were Telemar, Petrobras, and Tim. Gafisa, B2W, and Hypermarcas were among the biggest losers.

MID-AFTERNOON - The Brazilian stock market abandoned its stability and began to fall in the mid-afternoon. At 14:45 PM, the Ibovespa was down 0,19%. The fall isn't greater only because Petrobras shares are leading the day's gains - the company announced the payment of interest on equity, which attracted investors.see hereThe concern remains the decision regarding raising the US debt ceiling, which is causing widespread declines in stock markets worldwide. As European markets approach the close, they will be the first to reflect these fears.

EARLY AFTERNOON - The Ibovespa showed signs of recovery in the early afternoon, after the sharp drop at the opening of trading. At 12:40 PM, the index was down 0,06%, indicating a recovery. However, this stability may be temporary. Investor tension remains high, as Democrats and Republicans have yet to agree on increasing US debt, a crucial decision to avoid default on the debt on August 2nd.

So far, only three Ibovespa stocks are trading with gains above 2%: Brasil Ecodiesel and Petrobras (ON and PN). Among the decliners, Braskem and Itausa were below 2%.

MORNING - The São Paulo stock exchange was down 0,83% at 59.769 points at 10:45 AM. This is a crucial week for Democrats and Republicans to reach an agreement that would allow for raising the US debt ceiling. The deadline is August 2nd, next Tuesday. After that date, the US Treasury will not have the money to honor its commitments to creditors (including Brazil). The delay in reaching an agreement, which was expected by the end of the week, is causing increasing nervousness and apprehension in the market.

Today, Asian stock markets all closed lower, following the disappointing outcome of meetings between President Barack Obama and Republican leaders. Shanghai was the standout performer, with a sharp drop of 2,9%, while Tokyo suffered losses of 0,8%. European stock markets opened in the red. Similarly, Nasdaq and S&P 500 futures are also trading lower.

The mood isn't very promising for the day. The general opinion persists that the American government will reach some kind of agreement by the deadline, but in the meantime, difficulties in the negotiations are arising with each round of failures.

To worsen the situation in the markets, the solution to the Greek debt crisis did not reassure analysts. According to some assessments, the amount of funding made available to Greece will exhaust the European Union's capacity to produce new aid packages, if necessary, for countries that are still in the spotlight, such as Italy, Spain, Portugal, and Ireland.

With all these factors in mind, today is not considered a favorable day for gains in the stock markets. A new round of talks is scheduled between the US government and Congress. If there is any sign of progress, the stock markets could react positively. It's a market to watch closely.