Key Facts

The Ibovespa slipped 0.21% to 168,669 on Monday June 8 — a third straight soft session, grinding toward its long-term line.

The real weakened past 5.19 per dollar, extending a sharp slide as a strong dollar swept emerging markets.

Vale fell about 3.8% on lower iron ore prices, the day’s biggest single drag on the index.

A hot US jobs report set the tone, lifting bond yields and the dollar and dimming hopes of US rate cuts.