Brazilian Stocks Rebound After Election Rout
The Ibovespa rose around 0.5% to hover near 177,500 on Tuesday, rebounding after plunging 13.7% in the previous session following President Lula’s re-election, with corporate earnings in focus. Gerdau fell 1% despite beating EBITDA estimates. Itaú BBA maintained a positive outlook for its operating performance in Q4, w