From Yahoo Finance: 2025-05-09 00:42:00

The stock market celebrated President Trump’s trade deal framework with the UK, driving major indices up. Nasdaq led with a 1.07% gain, followed by Dow Jones at 0.62%, and S&P 500 at 0.58%. Trump outlined a trade deal framework with a 10% baseline tariff for UK imports.

Banco Bradesco S.A. (BBD) saw its stock prices surge by 18.94% on Thursday, closing at $2.7 per share. The company reported a 39.3% increase in recurring net income and a 15.3% rise in revenues. BBD is Brazil’s third-largest bank by assets and ranks 7th on Thursday’s top-performing stocks list.

Banco Bradesco attributes its strong performance to revenue growth, expecting improved profitability with controlled credit risk. The company’s success is driven by significant growth in net interest income, fee and commission income, and income from insurance. BBD believes gradual revenue growth will enhance profitability throughout the year.

Read more: Why Banco Bradesco S.A. (BBD) Went Up On Thursday