LatAm pre-open: the AI trade crashed — chips −7%, Korea's worst day ever — yet money rotated into value and Brazil's Bovespa hit a record as the real held firm.

LatAm pre-open: a US–Iran ceasefire cooled oil and the AI trade roared to record highs (S&P 7,500), but chip-light Brazil sat out the rally as the real held firm.

LatAm Pre-Open: Argentina's banks crashed up to 9% after it missed an MSCI upgrade, while Brazil rebounded and US tech sank on Google's legal blow