Latin American Stocks Slide After Lula Wins Brazil Runoff
Brazilian assets led losses across Latin American markets after Luiz Inácio Lula da Silva won a fourth term, reversing gains built on rival Flávio Bolsonaro’s strong first-round showing.
By Ragini MathurBrazilian assets tumbled on Monday, leading losses in Latin American markets, after President Luiz Inácio Lula da Silva's election to a fourth term wiped out gains built on his rival's strong first-round showing.Lula's more market-friendly rival Flávio Bolsonaro lost in the runoff b…