Brazil stocks gain 2 pct on U.S. fiscal hopes

RIO DE JANEIRO Mon Nov 19, 2012 10:59am EST

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RIO DE JANEIRO Nov 19 (Reuters) - Brazil's benchmark Bovespa stock index firmed 2 percent on Monday as signs of progress in talks to resolve a looming U.S. fiscal crisis encouraged investors to buy emerging market assets.

At 13:50 p.m. (1550 GMT), the Bovespa gained 2 percent to 56,508.