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Market Impact: 0.35

Stock Market Today, Oct. 26: Vale Falls on Brazil Election Outcome and Recent UBS Target Cut

Source: Nasdaq

Commodities & Raw MaterialsCompany FundamentalsAnalyst InsightsElections & Domestic PoliticsCorporate Earnings

Vale closed at $12.00, down 3.23%, amid weakness attributed to Brazil’s election outcome and a recent price-target cut. Investors are watching the company’s Oct. 29 earnings; reported trading volume was 92.9 million.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

VALE-0.40

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