EMERGING MARKETS-Bovespa down as Vale plummets on dam disaster; Latam FX weakens
January 28, 2019 at 09:32 AM EST
Stocks in Brazil fell on Monday as shares of Vale plummeted, wiping out nearly $14 billion of the company's market value, in the wake of a dam burst at one of its mines in Brazil that killed at least 60 people and left about 300 missing. A soft U.S. dollar did little to help developing world currencies as investors gauged market volatility ahead of the U.S. Federal Reserve's policy meeting and U.S-China trade talks this week. Brazil's Bovespa i
