Embraer is trading at $67.63, down 4.84%, as a report linked its pre-market decline to a selloff in U.S.-listed Brazilian shares following Luiz Inácio Lula da Silva’s surprise election victory. - The political shock pressured Brazilian assets broadly. - Modest analyst-rating trims were also reported as a secondary headwind. - Major U.S. indices were higher, so broad U.S. market weakness does not explain the decline.