Argentina’s Markets Surge as Milei Win Eases Fear of a Crisis

Milei’s Party Wins Argentina Midterm Vote in Landslide

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By Nicolle Yapur, Vinicius Andrade, and Giovanna Bellotti Azevedo

October 27, 2025 at 2:17 AM UTC

Updated on

October 27, 2025 at 6:34 PM UTC

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Argentina’s markets rallied sharply after President Javier Milei’s party pulled off a surprisingly strong victory in Sunday’s legislative elections, defying investor fears of a setback that would jeopardize his free-market overhauls and push the nation toward another economic crisis.