World trade tensions pressured Latin America's major indexes on Thursday, falling in line with other global markets, after the European Union said it was preparing possible retaliatory measures if the United States imposes tariffs on EU cars. Brazil's Bovespa dropped 1.25%, and Argentina's Merval, 0.85%.
Latin American shares sank on Friday as global equity markets plunged on fears a Greek default could hobble major European banks and deepen a global economic slowdown.
Latin American markets edged up on Tuesday, albeit uneasily, after data showed the US services sector unexpectedly picked up steam in August and growing confidence that the region is prepared to withstand global turbulence.
Latin American stocks marked their own course on Wednesday as the region remained relatively distant to turmoil in the United States and Europe.