Brazilian Stocks Rally on Conservative Election Surprise
Brazilian stocks are rallying after a conservative candidate, Flavio Bolsonaro, gained momentum in Sunday's general elections, securing seats across Congress and governorships.
1102 ET - Brazilian stocks rallied after a conservative surprise in Sunday's general elections. Presidential candidate Flavio Bolsonaro gained momentum in the runoff against leftist incumbent Lula da Silva, while conservative candidates won seats across Congress and state governorships. The resu…