Trading Day: Nasdaq highs, Brazil surprise

reuters.com ↗

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The Nasdaq surged to a fresh high on Monday, as earnings optimism and lower oil prices offset rising bond yields. The biggest moves of the day were in Brazilian assets, which logged historic gains after right-wing candidate Flavio Bolsonaro's strong showing in the first round of voting in the presidential election suggests he is a strong favorite to ​win the second and decisive round in three weeks.

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