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Trump Election Remarks Reportedly Stall Argentina Stock Rally, Impacting Merval Index

Argentina’s stock market rally reportedly reversed course Tuesday following comments from former President Trump linking U.S. support to election outcomes. The S&P Merval index of major Argentine stocks declined 3% as political uncertainty resurfaced, according to market analysts.

Trump Comments Reportedly Impact Argentine Market Rally

Argentina’s stock market experienced a significant reversal Tuesday as what analysts described as a promising rally was reportedly halted by political comments from former U.S. President Donald Trump. According to reports, the downturn followed Trump’s statement that his administration’s support for Argentina would be contingent on the election success of his preferred candidate, right-leaning President Javier Milei.