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5.1

Argentine ADRs slide on AI jitters; country risk nears 500 bps

Argentine equities on Wall Street fell broadly amid global AI-driven risk-off sentiment, with the exception of tech firm Globant, which rallied. The country risk index approached 500 basis points while the dollar held at ARS 1,530, indicating persistent sovereign stress despite the market-wide tech-led selloff.

Clarínabout 11 hours agoAR, USCredibility 34%View source

Score Breakdown

Mosaic Score5.1
Confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

Locations

Buenos AiresWall Street

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countrycountry
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