Brazil ETF Soars After Presidential Vote
A major iShares ETF tracking Brazilian stocks soared to its highest since 2020 following the first round of presidential elections, where right-wing Senator Flavio Bolsonaro took the lead.
Brazil held the first round of its presidential election on Sunday, and markets reacted after right-wing Senator Flavio Bolsonaro moved into the lead. The iShares ETF tracking Brazilian stocks climbed to its highest level since 2020 in L…