Bolsonaro still to concede - President-elect Lula

STORY: The Supreme Electoral Court (TSE) declared Lula the next president, with 50.9% of votes against 49.1% for Bolsonaro. The 77-year-old Lula's inauguration is scheduled for Jan. 1.

Supporters filled Paulista Avenue to follow the tally. Cheering crowds celebrated the leftist politician's third term to come as Lula joined the party on a stage after being declared the winner.

A source in the Bolsonaro campaign told Reuters the president would not make public remarks until Monday (October 31), raising concerns that he might contest the result. The Bolsonaro campaign did not respond to a request for comment.