Country risk rises again and reaches 520 points in another day of global financial tension

The Argentine Treasury bonds registered after 2:00 p.m. declines of up to 0.5% and they pushed up the indicator prepared by JP Morgan. From the floor of 476 points last week, it continued a series of increases that placed it once again well above the barrier of 500 units, something that had been celebrated by the Government.

In this case, The collapse of Argentine assets seems to be linked to a contagion effect of an unstable climate in the main markets. On Wall Street, the three leading panels in New York (Dow Jones, Nasdaq and S&P500) recorded falls of almost 1% this afternoon, dragged down by technology stocks and worse-than-expected employment data in the United States.

Although the balance sheets of technology companies meet or exceed the expectations of many analysts, many companies in the sector presented forecasts that raise doubts among investors such as a possible shortage of chips for the development of artificial intelligence (AI). For its part, Bitcoin fell below $70,000 for the first time since November 2024.

In this context, the shares of Argentine companies that are listed in the United States recorded strong declines of up to 7%as in the case of the Supervielle bank. Other entities operated with numbers in the red such as BBVA, Galicia and Macro.

The dollar, for its part, experienced another day of stability in the domestic market. The wholesale exchange rate registered a drop of 0.1% and was trading in the $1,446 area. For that reason, the dollar for the saver had a price of $1,465 in Banco Naciónsame price since the week began.