Brazil stocks plunge 10%; market halted – CNNMoney

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Brazil's Olympic legacy? An abandoned Maracana

Brazil’s Olympic legacy? An abandoned Maracana

Brazil’s stock market, Bovespa, plunged more than 10% immediately after opening Thursday, wiping out almost all of its gains for the year. Officials halted trading for 30 minutes.

Brazil’s currency, the real, also tanked 7% against the dollar, its worst day since the global financial crisis in 2008.