Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%
Published . Updated .
This report is about Brazil.
Directly affected
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.
- 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.
- ABEV Ambev S.A+6.6% 30d
Ambev S.A (beverages) 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 |
|---|---|---|---|---|---|---|---|
| NU | -4.32% | -0.69% | base | -20.75% | after close | after close | after close |
| MELI | +1.54% | +2.44% | base | -10.24% | after close | after close | after close |
| 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 |
| VALE | +5.81% | +2.42% | base | -3.35% | after close | after close | after close |
| ABEVNo 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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Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15% Yahoo Finance
Source: Yahoo Finance
The price since 26 Oct 2026: Ishares Msci Brazil Etf (EWZ) versus the S&P 500
| 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 |
| MELI | that day | -10.24% | still updating |
| MELI | three days earlier | +2.44% | final price |
| MELI | five days earlier | +1.54% | 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
For “Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”)
- PBR Petrobras - Petroleo Brasileiro
For “Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%,” Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence. 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 Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%.” 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 Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%.” 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 Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%,” 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
Ishares Msci Brazil Etf (EWZ)
The 26 Oct 2026 story “Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%” names Ishares Msci Brazil Etf (EWZ) because of 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”)
Petrobras - Petroleo Brasileiro (PBR) is here too. Its reason reads: 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
Dates in the story, and the Ishares Msci Brazil Etf (EWZ) price range
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 Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15%” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.