Americas

Rise of Leftist Candidate in Peru Triggers Market Selloff

Roberto Sánchez, center, speaks during a news conference at the Together for Peru party headquarters in Lima on April 14.

Photographer: Sebastian Castaneda/Bloomberg

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Peruvian assets slumped on Wednesday as a leftist emerged as the likely candidate to advance to the runoff against conservative Keiko Fujimori in June following a protracted presidential election.