Milei's Election Setback Rattles Markets in Argentina

Dow Jones09-09

The peso closed at 1,365 per dollar on Friday, Sept. 5. "Milei's Election Setback Rattles Markets in Argentina," at 10:51 a.m. ET on Sept. 8 and subsequent updates that day, incorrectly said it had closed at 1,385.

(END) Dow Jones Newswires

September 10, 2025 15:20 ET (19:20 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARGT","symbol_name":"Global X FTSE Argentina 20 ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566631980","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566631980","pubTimestamp":1757385476,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Argentina's markets tumbled Monday after President Javier Milei's party suffered a setback in a provincial election that raised questions about support for his pro-market overhauls.The peso traded about 4% weaker at 1,423 a dollar after closing Friday at 1,385. Shares of Argentine companies that trade in New York also fell. Banking companies Grupo Financiero Galicia and Grupo Supervielle were both down more than 18%, while oil company YPF fell 14%.The price of Argentina's benchmark 4.125% bond due in 2035 dropped about 10% Monday morning to 55 cents on the dollar, according to data from MarketAxess. The yield rose to 15%, a level that likely discourages new bond issuance because of the cost.Milei's Freedom Advances party received about 34% of the vote in the legislative elections in Buenos Aires province, home to nearly half of Argentina's population. His left-wing Peronist opponents received 47% of the vote in what has long been their stronghold.\"Workers can't get to the end of the mo","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARGT":"Global X FTSE Argentina 20 ETF"},"translate_title":"米莱的选举挫折令阿根廷市场感到不安——第三次更新","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARGT":1},"content_text":"The peso closed at 1,365 per dollar on Friday, Sept. 5. \"Milei's Election Setback Rattles Markets in Argentina,\" at 10:51 a.m. ET on Sept. 8 and subsequent updates that day, incorrectly said it had closed at 1,385. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 10, 2025 15:20 ET (19:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2566631980","isCrawlerRequest":true}