May 30, 2012 / 1:22 PM / 5 years ago

Brazil stocks fall 2 pct, China stimulus unlikely

SAO PAULO, May 30 (Reuters) - Brazilian stocks fell 2 percent early on Wednesday after an article published by China’s official Xinhua news agency denied Brazil’s biggest trading partner is planning to enact large-scale fiscal stimulus measures to boost growth.

At 10:17 a.m. (13:17 GMT), the benchmark Bovespa stock index was down 2.25 percent to 53,403.55 after having fallen slightly over 2 percent earlier in the session.

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