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The US Treasury Secretary's statement that the US is prepared to support Argentina caused a significant increase in the stock prices of Argentine companies listed in the US. The MSCI Argentina Exchange Traded Fund, which tracks global emerging markets, rose by 6.5%. Pampa Energy's stock price increased by 12.3%, Banco Bilbao Vizcaya Argentaria's stock price rose by 22.1%, and Southern Natural Gas Transportation Company's stock price went up by 13.7%.
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