{
  "id": 16622558,
  "title": "‘Bloody Monday’: B3 and CSN plummet 40%, BTG and BB dive 30%",
  "url": "https://urgent.news/2026/10/26/bloody-monday-b3-e-csn-desabam-40-btg-e-bb-mergulham-30",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T15:10:00.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/bloody-monday-b3-e-csn-desabam-40-btg-e-bb-mergulham-30"
  },
  "original_language": "pt",
  "account": "The Ibovespa plummeted on opening, triggering a circuit breaker after a 15% drop, and later fell over 16% with many stocks in auction. Several major companies, including B3, CSN, and Magazine Luiza, saw declines of 40-50%, while others like Vamos and BTG fell by 60% and 35% respectively. The SMALL11 index of small caps dropped around 30%. In contrast, exporters like Gerdau, Suzano, Vale, and Embraer rose 5-10%. The JP Morgan downgraded Brazil's sovereign debt recommendation to underweight, while maintaining an overweight rating for investment-grade corporate bonds.",
  "summary": "Save whoever can. As expected, the Ibovespa plummeted from the opening, with investors unwinding the positions they had built up over the past few weeks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}