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Argentine stocks jumped to 4.7% on Wall Street

In the meantime, country risk increased 1.2% to 1,602 basis points.

At the international level, The S&P 500 closed slightly lower in New York on Friday after data showed weaker-than-expected job growth in September although investors continue to anticipate that the Federal Reserve will begin to reduce asset purchases this year.

The Labor Department’s non-farm payroll report showed the US economy created the fewest jobs in nine months in September, as hiring in schools fell and some businesses were left without workers.

Within this framework, federal funds interest rate futures forecast a quarter point adjustment by the Federal Reserve for November or December of next year.

According to preliminary data, the S&P 500 lost 7.96 points, or 0.2%, to end at 4,390.70, while the Nasdaq Composite fell 76.24 points, or 0.5%, to 14,577, 59. The Dow Jones index was almost stable, at 34,741.28 units

On Thursday, the main foreign markets had finished in “green” before expectations that the United States will resolve its struggles for the debt ceiling and a global decline in energy prices that reduces fears of higher inflation.

This improvement was replicated in Argentine ADRs, highlighting the increases of Corporación América (4.1%); Take off (2.2%); Ternium (1.9%); Pampa Energía (1.5%); and Globant (1.4%).

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