3 Quotes by Marcelo Borges

The 1999 figures came in at the higher end of expectations. The impact of the devaluation had not been as traumatic as had been feared. This is a clear sign of the economy's steady recovery.

The Nasdaq weighed heavily on the index at the end of the day. It took away from gains made by shifts in portfolios at the beginning of the day.

Investors were positioning themselves in shares that had fallen too much.