Banco Bradesco (NYSE:BBD) closed at $4.14, up 4.28%, possibly due to anticipated interest rate cuts in Brazil. Trading volume spiked to 60.8 million shares, far above the three-month average of 34.5 million. The S&P 500 and Nasdaq also saw gains, with Brazilian banks like Itaú Unibanco and Banco Santander rising, reflecting sector strength. Inflation data in Brazil came in lower than expected, fueling predictions of an interest rate cut from 15% to 12.25% by year-end. Bradesco plans to bolster its fixed income team to expand market share, with earnings due on Feb. 5, 2026.

Read more at Yahoo Finance: Banco Bradesco Rises Ahead of Brazilian Central Bank Meeting