The rate hike itself was in line with expectations, though the text warning of inflation was a bit worrying.
More Quotes from Gabriel Jafet:
This fall is 100 percent Nasdaq. There are no local factors today.Gabriel Jafet
It was the most remarkable news of the day.
Gabriel Jafet
The market was dead almost all day, but at the end some people appeared to believe that tomorrow interest rates will be lower and the political situation will improve.
Gabriel Jafet
There are expectations that the Fed will cut rates, which may allow Brazil's Central Bank to do the same.
Gabriel Jafet
The market seems to be tied more to the Dow nowadays than it is to Nasdaq and brokers seemed to have used this small decline there as a pretext to sell and make some profit.
Gabriel Jafet
The market was very nervous in the last minutes as (the tech-heavy U.S.) Nasdaq dove sharply. It was pure Nasdaq influence - nothing else.
Gabriel Jafet
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Bill Bryson