Brazilian markets prepared for one outcome and received another. Luiz Inácio Lula da Silva won a fourth term in Sunday's runoff, beating Flávio Bolsonaro with 51.8% of valid votes to 48.2%, a margin of about 4.4 million ballots.
Brazil's presidential election is powering optimism in the country's stock market — and capturing the attention of investors wary of having too much exposure to the U.S. stock market.
Copper prices hit a record high Tuesday due to concerns over potential U.S. tariffs and supply problems amid surging demand for AI data-center infrastructure.
The compensation agreement with miners BHP , Vale and Samarco for the Mariana dam collapse in 2015 has been joined by 19 new cities, including the one that was the epicenter of the disaster, a Brazilian court said on Thursday.
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