Brazilian stocks plunge after Lula's surprising election victory
Published . Updated .
This report is about Brazil.
Directly affected
- No company is named in this report.
Indirectly affected
- EWZ iShares MSCI Brazil ETF+12.9% 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 |
|---|---|---|---|---|---|---|---|
| EWZ | -1.50% | -0.19% | base | -22.94% | after close | after close | after close |
| PBR | -2.33% | -1.87% | base | -17.97% | after close | after close | after close |
| ITUB | -2.38% | +0.36% | base | -24.10% | after close | after close | after close |
| NU | -4.32% | -0.69% | base | -20.75% | after close | after close | after close |
| VALE | +5.81% | +2.42% | base | -3.35% | after close | after close | after close |
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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Brazilian stocks plunge after Lula's surprising election victory Yahoo Finance
Source: Yahoo Finance
Price since this story was published: Ishares Msci Brazil Etf (EWZ)
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Brazil Etf (EWZ) | that day | -22.94% | still updating |
| Ishares Msci Brazil Etf (EWZ) | three days earlier | -0.19% | final price |
| Ishares Msci Brazil Etf (EWZ) | five days earlier | -1.50% | final price |
| Itau Unibanco Holding S.A (ITUB) | that day | -24.10% | still updating |
| Itau Unibanco Holding S.A (ITUB) | three days earlier | +0.36% | final price |
| Itau Unibanco Holding S.A (ITUB) | five days earlier | -2.38% | final price |
| Nu Holdings (NU) | that day | -20.75% | still updating |
| Nu Holdings (NU) | three days earlier | -0.69% | final price |
| Nu Holdings (NU) | five days earlier | -4.32% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | that day | -17.97% | still updating |
| Petrobras - Petroleo Brasileiro (PBR) | three days earlier | -1.87% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | five days earlier | -2.33% | final price |
| Vale S.A (VALE) | that day | -3.35% | still updating |
| Vale S.A (VALE) | three days earlier | +2.42% | final price |
| Vale S.A (VALE) | five days earlier | +5.81% | final price |
Who gains and who loses around Ishares Msci Brazil Etf (EWZ)
Companies tied to 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 stocks plunge after Lula's surprising election victory.” 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 stocks plunge after Lula's surprising election victory.” 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
For “Brazilian stocks plunge after Lula's surprising election victory,” Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence. 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
Nu Holdings (NU) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazilian stocks plunge after Lula's surprising election victory.” 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
Vale S.A (VALE) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazilian stocks plunge after Lula's surprising election victory.” 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
Ishares Msci Brazil Etf (EWZ)
On 26 Oct 2026, “Brazilian stocks plunge after Lula's surprising election victory” is the story that connects Ishares Msci Brazil Etf (EWZ) to this 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”)
A second company, Petrobras - Petroleo Brasileiro (PBR), is listed for a different reason: 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
Price levels for Ishares Msci Brazil Etf (EWZ)
EWZ traded between 35.98 and 43.77 across 20 sessions. The latest close on file is 42.59. 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)
40 out of 100Price not final
“Brazilian stocks plunge after Lula's surprising election victory” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.