Bribery scandal sinks Brazilian stocks

A massive corruption scandal in Brazil that potentially involves President Michel Temer sent shares of Banco Bradesco (NYSE: BBD) tumbling $1.91 to close at $8.13, Banco Santander (NYSE: BSBR) dropping $1.59 to close at $7.25, Companhia Energ├ętica de Minas Gerais (NYSE: CIG) down 65 cents to close at $2.13, Gol Linhas (NYSE: GOL) plummeting $3.79 to close at $11.57 and Itau Unibanco Holding (NYSE: ITUB) plunging $2.31 to close at $10.22.

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