Brazil Stock Index Futures Fall Nearly 15% After Lula Wins
Bovespa futures fell nearly 15% in early Monday trading after Luiz Inacio Lula da Silva defeated Flavio Bolsonaro in the election runoff.
Futures of Brazil's benchmark stock index Bovespa (INDZ26) fell nearly 15% in early Monday trading after leftist President Luiz Inacio Lula da Silva defeated right-wing Senator Flavio Bolsonaro in an election runoff, defying polls to secure a fourth non-consecutive term.Interest rate futures (0#DIJ…