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Brazilian Presidential Candidate Eduardo Campos Reportedly Killed In Plane Crash

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Adding to a series of tragic plane crashes is a report from GloboNews TV that Brazilian presidential candidate Eduardo Campos was killed in a Santos crash.

According to Reuters, the private jet lost contact with ground control as it attempted to land. Police reported that there are fatalities, but did not give additional details.

Related Link: Brazil ETFs Rally Into World Cup

Campos was the leader of the Brazilian Socialist Party and announced in April that he would run for president. According to polls, Campos was in third place for the position. Marina Silva, Campos’ running mate, was not on the plane, Reuters reported.

This news has sent shares of Brazilian stocks sharply lower. The iShares Brazil ETF (NYSE: EWZ) was last down 0.6 percent (compared to a 0.7 percent gain on the S&P 500). The ETF fell as much as 2.6 percent.

Posted-In: brazil Eduardo CamposNews Global Hot Markets

 

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