Lula's Surprise Win Sinks Brazilian Markets
📡 Barrons · 1 min read ·
Part of composite article Lula Wins Fourth Term as Bolsonaro Refuses to Concede and Flees to U.S. View full article →
Brazil's main stock index fell to a two-month low on Monday. The drop followed the surprise election victory of President Luiz Inácio Lula da Silva. Investors reacted negatively to the result, sending shares sharply lower.