Geopolitics Alpha

Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election

Published . Updated .

With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWZ ISHARES MSCI BRAZIL ETF

    GA selected EWZ as a RELATED security because its canonical security name directly matches this event's themes: brazil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • KBE SPDR SER TR STATE STREET SPDR S&P BK ETF

    GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • XHB STATE STREET SPDR S&P HOMEBUILDERS ETF

    GA selected XHB as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • XOP STATE STREET SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF

    GA selected XOP as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BRZX CORGI ETF TR I BRAZIL 2X DAILY

    GA selected BRZX as a RELATED security because its canonical security name directly matches this event's themes: brazil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CWI STATE STREET SPDR MSCI ACWI EX US ETF

    GA selected CWI as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWZ———————
KBE———————
XHB———————
XOP———————
BRZX———————
CWI———————

With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.

Source: CNBC Finance

Ishares Msci Brazil Etf (EWZ) since this story, compared with the market

Since the first closing price after “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” Ishares Msci Brazil Etf (EWZ) is -2.44%. The S&P 500 fund (SPY) is -1.08% over the same days, a -1.36% difference versus the market.

EWZ
SPY

Taiwan Strait on the map for this story

Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies mentioned with this story

  • EWZ Ishares Msci Brazil Etf

    For “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EWZ as a RELATED security because its canonical security name directly matches this event's themes: brazil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • KBE Spdr Ser Tr State Street Spdr S&P Bk Etf

    In “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE) is linked, with no stored direction, medium confidence. Reason on file: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XHB State Street Spdr S&P Homebuilders Etf

    In “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” State Street Spdr S&P Homebuilders Etf (XHB) is linked, with no stored direction, medium confidence. Reason on file: GA selected XHB as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    In “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, medium confidence. Reason on file: GA selected XOP as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BRZX Corgi Etf Tr I Brazil 2X Daily

    For “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” Corgi Etf Tr I Brazil 2X Daily (BRZX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BRZX as a RELATED security because its canonical security name directly matches this event's themes: brazil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CWI State Street Spdr Msci Acwi Ex Us Etf

    State Street Spdr Msci Acwi Ex Us Etf (CWI) is linked, with no stored direction, medium confidence in the 3 Oct 2026 story “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election.” Reason on file: GA selected CWI as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

What Taiwan Strait means for Ishares Msci Brazil Etf (EWZ)

Ishares Msci Brazil Etf (EWZ) is the company in “Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election,” the 3 Oct 2026 Taiwan Strait story.

For Ishares Msci Brazil Etf (EWZ), the reason on file says GA selected EWZ as a RELATED security because its canonical security name directly matches this event's themes: brazil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE), is listed for a different reason: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: street. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

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 41.95. KBE traded between 61.81 and 66.63 across 20 sessions. The latest close on file is 63.14. XHB traded between 91.93 and 99.68 across 20 sessions. The latest close on file is 94.11.

What the saved facts support for Ishares Msci Brazil Etf (EWZ)

46 out of 100

“Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.