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Brazil’s Stock Market Crashes After Lula’s Upset Victory

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2LAR Wire Desk (Decrypt)
2LAR Wire Desk (Decrypt) Syndicated Wire Desk • Published 2026-10-26
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Brazil’s Stock Market Crashes After Lula’s Upset Victory

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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