Brazilian Markets Convulse After Unexpected Election Result
Published . Updated .
President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.
Directly affected
- No company is named in this report.
Indirectly affected
- EWZ iShares MSCI Brazil ETF-9.7% 30d
iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”).
- PBR Petróleo Brasileiro S.A. - Petrobras
Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.
- ITUB Itaú Unibanco Holding S.A+23.6% 8d
Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.
- NU Nu Holdings
Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.
- VALE Vale S.A-3.1% 12d
Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWZNo price data for this ticker | — | — | — | — | — | — | — |
| PBRNo price data for this ticker | — | — | — | — | — | — | — |
| ITUBNo price data for this ticker | — | — | — | — | — | — | — |
| NUNo price data for this ticker | — | — | — | — | — | — | — |
| VALENo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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President Luiz Inácio Lula da Silva’s re-election victory prompted a sharp reversal in financial markets that had expected his opponent to win.
Source: The New York Times
Who gains and who loses around Ishares Msci Brazil Etf (EWZ)
Companies carried with this story
- EWZ Ishares Msci Brazil Etf
Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazilian Markets Convulse After Unexpected Election Result.” Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”)
- PBR Petrobras - Petroleo Brasileiro
Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazilian Markets Convulse After Unexpected Election Result.” Reason on file: Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares
- ITUB Itau Unibanco Holding S.A
Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazilian Markets Convulse After Unexpected Election Result.” Reason on file: Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares
- NU Nu Holdings
In “Brazilian Markets Convulse After Unexpected Election Result,” Nu Holdings (NU) is linked, with no stored direction, medium confidence. Reason on file: Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares
- VALE Vale S.A
In “Brazilian Markets Convulse After Unexpected Election Result,” Vale S.A (VALE) is linked, with no stored direction, medium confidence. Reason on file: Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares
How “Brazilian Markets Convulse After Unexpected Election Result” reaches Ishares Msci Brazil Etf (EWZ)
Ishares Msci Brazil Etf (EWZ) is the company in “Brazilian Markets Convulse After Unexpected Election Result,” the 26 Oct 2026 this story story.
What ties Ishares Msci Brazil Etf (EWZ) to the headline is this: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”)
Also listed, Petrobras - Petroleo Brasileiro (PBR): Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares
The price range for Ishares Msci Brazil Etf (EWZ), and the dates in the story
EWZ traded between 31.40 and 43.77 across 20 sessions. The latest close on file is 34.14. ITUB traded between 8.06 and 10.20 across 8 sessions. The latest close on file is 10.18. PBR traded between 20.98 and 21.98 across 2 sessions. The latest close on file is 21.75.
What the saved facts support for Ishares Msci Brazil Etf (EWZ)
47 out of 100
“Brazilian Markets Convulse After Unexpected Election Result” scores 47 out of 100. The score uses 2 sources, and 5 linked companies.