Marcos Galn announced that it will be possible to invest in the S&P from the Mercado Pago app and in pesos

In the context of the profound economic change that Argentina is going through under the administration of Javier Milei, where the Government promotes the opening of markets, deregulation and the strengthening of private initiative, the founder of Mercado Libre, Marcos Galn, launched a proposal that promises transform the access of millions of Argentines to the international financial system. The news began to gain strength after a forceful intervention by Galn on the social network X, where he responded to a publication related to international finance with a phrase that quickly generated an impact among users and investors: “Imagine when Mercado Pago launched the option so that anyone can invest in the S&P from the application (and in pesos)”.

The initiative aims to incorporate into Mercado Pago the possibility of investing directly in the S&P 500, the stock index that groups the 500 most important companies in the United States. If implemented, any user could access shares in North American corporate giants using both pesos and dollars from their cell phone, eliminating much of the bureaucratic and technical barriers that historically kept small savers away from the international market

.

Currently, those who want to invest in this type of asset must operate through financial instruments such as CEDEars linked to ETFs such as SPY, IVV or VOO, generally through traditional brokers and more complex processes. The proposal promoted by Mercado Pago would seek to completely simplify this mechanism, allowing operations with just one click from the most used virtual wallet

in the country.

Among the main points of this financial innovation are:

Total accessibility: users will be able to buy fractions of the most important companies on the planet, drastically reducing entry barriers for small savers. Even teenagers could participate, as is already the case with other instruments available on the platform.

Diversification and liquidity: the tool will offer exposure to a globally diversified asset, with high liquidity and indirect returns in hard currency, allowing savings to be protected against inflation and local volatility.

Private sector efficiency: while traditional state systems continue to show structural limitations, Mercado Pago deepens a model based on innovation, automation and ease of use, now incorporating first-rate dollarized assets.

The measure also appears in an international context that is highly favorable to US markets. During Wednesday's round, the S&P 500 and Nasdaq reached new all-time highs driven by the rise of artificial intelligence, the strengthening of the North American economy and signs of geopolitical detente in the

Middle East.

One of the main protagonists of the day was Advanced Micro Devices (AMD), whose shares soared 17% to an all-time record after projecting higher-than-expected quarterly revenues thanks to strong demand for chips for data centers. For its part, Intel increased by 2.4%

.

The market also reacted positively to diplomatic advances between the United States and Iran. Global stocks rose and oil fell after President Donald Trump announced that a one-page memorandum was about to be signed to end the war in the Gulf, leaving issues related to the Iranian nuclear program for future negotiations

.

Added to this is the strong growth of the technological sector associated with artificial intelligence. Corning jumped 14% after announcing an alliance with Nvidia to expand production of optical connectivity products for AI data centers in the United States. In addition, bitcoin mining firm Hut 8 jumped 33% after signing a 15-year contract valued at $9.8 billion to build the Beacon Point data center campus

in Texas.

Economic indicators also supported market optimism. In April, job creation in the U.S. private sector registered its highest increase in 15 months, consolidating the perception of a solid economy despite the complex international scenario

.

Analyst Thomas Martin summarized the financial climate with a strong phrase: “The economy is progressing at a good pace. There are no real warning signs of anything even coming close to a recession. And against that backdrop, you have to own shares.

”

Now, all eyes on Wall Street are on the U.S. Department of Labor's next non-farm employment report.

Economists polled by Reuters estimate that 62,000 jobs were added during April, following the strong rise of 178,000 jobs in March.