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One-Day Wipeout Tops 60% For the Hardest-Hit Brazilian Stocks

The wipeout Monday in Brazilian markets dragged down nearly every stock in the benchmark Ibovespa index. More than half of them plunged at least 10%.

This article was originally published by Bloomberg Markets and is republished here under license.

The wipeout Monday in Brazilian markets dragged down nearly every stock in the benchmark Ibovespa index. More than half of them plunged at least 10%.

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