markets
Brazil’s Stock Market Crashes After Lula’s Upset Victory
DecryptOctober 26, 2026 · 4:34 PM2 min read
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
Originally published on Decrypt
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
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