Dedicated Issues··Monday, October 26, 2026, 4:47 PM
Brazil’s election rocks its stock market after Lula da Silva wins
Brazilian stocks plunged more than 18% after President Luiz Inácio Lula da Silva won a surprise runoff victory over right-wing challenger Flávio Bolsonaro. The result reversed a rally that began earlier this month when Bolsonaro took an unexpected first-round lead.
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