Brazilian stocks are down slightly amid mixed market performance around the world following recent rallies.The Ibovespa index is down 0.2 percent at 38,542 during early trading, extending the previous day's loss of 1.1 percent.

Tuesday's loss came as the Dow Jones industrial average was down 28 at 7,188 in New York, as traders had little reaction to better-than-expected U.S. housing data.Analysts said profit-taking dominated U.S. markets on Monday after positive economic comments from Federal Reserve chairman Ben Bernanke, and in Europe on Tuesday.Meanwhile Asian indexes were boosted by banking stocks as fears about the world's hard-hit financial system eased...

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