Why Is MercadoLibre Stock Sinking Monday?

MercadoLibre Inc. (NASDAQ:MELI) stock fell nearly 9% in Monday’s premarket trading after Brazilian President Luiz Inácio Lula da Silva secured another term, defeating Sen. Flávio Bolsonaro.The election result rattled investors and triggered a sell-off in Brazilian...

Why Is Vale Stock Falling Monday?

Vale S.A. (NYSE:VALE) stock fell nearly 4% in Monday’s premarket trading after Brazilian President Luiz Inácio Lula da Silva secured another term, defeating Sen. Flávio Bolsonaro.The election outcome deepened the political rift between Latin America’s largest economy...