The Brazilian stock market collapsed on October 26, 2026.
Posted by The Benny Show, Checked
- Sources
- 6 support1 context
- Said
- 1 time·
- Confidence
- 92%
The Benny ShowOct 26, 2026
Multiple reliable sources (Reuters, AFP, Dow Jones, Investopedia, Trading Economics) report that Brazil's Ibovespa plunged on Monday October 26, 2026 after Lula's reelection, triggering a 30-minute circuit breaker halt and a 13.9% to 14% single-day drop, its worst since March 2020, so the 'collapsed' characterization is supported for the claimed date.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… It shows kind of where things stand right now in the Senate, the House, uh and the total government, and this is just the prediction markets. And obviously, the prediction markets in Brazil, without fraud or cheating, we're gonna be right. The market's response today, just absolutely cratering in Brazil, the stock market collapsing. Even CNN is out here saying that Republicans stand a decent chance of winning the Senate and keeping the Senate, 52, 53 maybe. The House is going to be tough. House is going to be tough. …
The Benny Show · · from the transcriptPost →What we found
Supports. Reuters reports the Ibovespa fell 10% triggering a circuit breaker and halting trading for 30 minutes on October 26, with Bovespa futures down nearly 15%.[1]
Supports. Reuters (via New Tribune) reports the Bovespa closed down 13.9%, its largest daily percentage drop since March 2020.[2]
Supports. AFP reports the São Paulo exchange plummeted about 13.7% to near a two-month low, with the real down about 8.5%, though it pared some losses by close.[3][4]
Supports. Dow Jones reports the Ibovespa dropped as much as 17% intraday, and Investopedia reports the iShares Brazil ETF fell 20% on the day.[5][6]
Context. The index partly recovered by the close, so the collapse was a sharp intraday and one-day selloff rather than a sustained multi-day collapse; the Ibovespa remained near its level after a losing week.[3][7]
Sources
7 sources: 1 fact-checker, 6 not rated
- 1Trading on Brazil's stock exchange halted following Lula reelectionreuters.com · fact-checker · cited for: supports
- 2Investors expect Brazilian stocks, currency to fall after Lula ...thenewstribune.com · not rated · cited for: supports
- 3Brazil markets battered after Lula win, AI in focus elsewhereuk.finance.yahoo.com · not rated · cited for: supports, context
- 4Brazil markets battered after Lula win, AI in focus elsewherefrance24.com · not rated · cited for: supports
- 5Brazilian Stocks, Real Fall Sharply After Surprise Election ...morningstar.com · not rated · cited for: supports
- 6Brazilian Stocks Sink After Surprising Presidential Election Resultinvestopedia.com · not rated · cited for: supports
- 7Ibovespa Opening Delayed as B3 Triggers Circuit Breakertradingeconomics.com · not rated · cited for: context
Where this claim was made
Said in 1 published post
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