● The firm named Wells Fargo a Top Pick, citing fading after-effects from its removed Federal Reserve asset cap.
● Banco do Brasil's U.S.-listed ADR (BDORY) rose 19.25% to close at $5.39 on Monday, October 5, 2026.
● The move was part of a broad, regionally concentrated rally in US-listed Brazilian equities after the first-round presidential vote.
● The advance came as part of a sweeping rally in U.S.-listed Brazilian equities.
● The advance placed it within a large group of U.S.-listed Brazilian and Brazil-focused names that moved higher together.
● The advance placed it near the front of a large group of U.S.-listed Brazilian stocks that moved sharply higher together.
● TD Cowen downgraded Intercontinental Exchange to Hold from Buy and cut its price target to $166 from $177.
● Senators Elizabeth Warren and Josh Hawley opened an inquiry into insurers including State Farm and Allstate, reports said.
● The upgrade followed Cboe's 25-year extension of its exclusive S&P 500 index options licensing agreement.
● CME Group withdrew its plan for a 24/7, 10-barrel crude oil futures contract after industry feedback.