Argentina's Markets Rally After Trump Ally Milei Scores Big Win in Midterm Elections

Trump ally Milei wins big in Argentina's midterm election

NBC News' Valerie Castro takes a look at Javier Milei's relationship with President Donald Trump following his sweep of the midterms in Argentina.

Argentina's markets rally after Trump ally Milei scores big win in midterm elections

Argentine President Javier Milei has hailed his party’s resounding victory in midterm congressional elections as a mandate to press forward with radical free-market reforms. Markets in Argentina rallied, the peso surged and the country’s sovereign bonds jumped on Monday in…

Market Surge: Argentina's Economic Revival Post Midterm Elections

Market Surge: Argentina's Economic Revival Post Midterm Elections Argentina's financial markets experienced a notable upswing on Monday following President Javier Milei's party's triumphant victory in the midterm elections. This win is crucial to maintaining ongoing economic reforms and securing the U.S. financial support package. Milei's free-market reform agenda, despite its challenges, has received strong voter backing.The dramatic turnaround…

Merval surge, peso rebound against dollar – Markets cheer Milei's midterms triumph

Stocks up over 20% on Milei midterm victory; Merval index up trading and peso appreciates 9.5% against the dollar in early trading in Buenos Aires; 10-year bond yields tumble.

Trump ally Milei scores stunning election win, vows more reforms in Argentina

The elections were the first test for Milei since he won office in 2023 on a promise to revive the economy through a series of reforms.