Why Brazilian Stocks Are Dropping 9% or More Today

Today is shaping up to be a bad day to invest in Brazil.

Here in the U.S., the stock market looks set to end the week on a high note, with all the major indexes modestly in the green in midmorning trading. Down south of the border, however (way south, in Brazil), shares of these companes were broadly and deeply in the red, as of 10:50 a.m. EDT on Friday:

Image source: Getty Images.

Continue reading

Source Fool.com