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U.S. stock futures climbed Wednesday as strong bank earnings and renewed hopes for Federal Reserve rate cuts helped ease investor concerns over U.S.-China tensions. The Dow Jones Industrial Average gained over 200 points in premarket trading, while the S&P 500 and Nasdaq 100 also advanced, buoyed by optimism surrounding the start of earnings season. Bank of America reported a 23% jump in profit, joining other major lenders in posting robust results that reassured markets about the financial sector’s resilience. Investors are also betting on potential interest-rate cuts as the Federal Reserve faces mounting pressure to support growth amid trade frictions and a prolonged U.S. government shutdown. The combination of strong corporate performance and policy optimism has lifted sentiment after a volatile session earlier in the week. Global markets mirrored the upbeat tone, with Asian and European equities edging higher, while the dollar weakened and gold prices steadied. Analysts ...
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Trump Floats Free Trade Deal with Argentina Amid Strengthening Ties

 

President Donald Trump hols a framed letter that Argentina's President Javier Milei presented to him during a meeting in the Cabinet Room of the White House, Tuesday, Oct. 14, 2025, in Washington.

In a move that could reshape U.S.-South American economic relations, President Donald Trump has suggested the possibility of a free trade agreement with Argentina. The announcement came during a high-profile meeting at the White House with Argentine President Javier Milei, where both leaders emphasized their growing partnership.

The discussion followed Washington’s recent $20 billion currency swap extended to Buenos Aires, a lifeline aimed at stabilizing Argentina’s struggling economy. Trump described the support as part of a broader strategy to deepen cooperation, stating, “We want to help Argentina. We want to see it succeed.”

For Argentina, a trade deal with the United States could open new markets for its agricultural exports and attract investment, while for Washington it represents an opportunity to strengthen influence in South America at a time of shifting global alliances.

Although no formal negotiations have been launched, the prospect of a free trade agreement underscores the close relationship between Trump and Milei, who has aligned himself with the U.S. leader on economic and political priorities.


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