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Wall Street Futures Rise on Bank Earnings and Rate-Cut Optimism

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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U.S. Aid to Argentina Tied to Milei’s Political Future, Trump Warns

U.S. President Donald Trump points a finger as he welcomes Argentina's President Javier Milei at the White House in Washington, D.C., U.S., October 14, 2025. 

In a striking declaration during a White House meeting with Argentine President Javier Milei, U.S. President Donald Trump linked Washington’s financial support for Argentina to Milei’s political survival. Just days after approving a $20 billion bailout package, Trump stated bluntly: “If he loses, we’re gone.”

The warning came as Argentina prepares for crucial midterm legislative elections. Trump emphasized that U.S. backing hinges on Milei’s libertarian government maintaining power, saying his administration would not “waste time” if Milei’s party fails to secure victory.

The remarks rattled Argentine markets, which had initially responded positively to the bailout deal. The package, centered on a major currency swap between the U.S. dollar and the Argentine peso, was seen as a lifeline for the country’s struggling economy.

Trump’s intervention underscores the high stakes of Argentina’s upcoming elections and highlights Washington’s willingness to condition international support on political alignment. For Milei, the message was clear: his government’s future—and Argentina’s economic stability—are now deeply intertwined with U.S. expectations.


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