The S&P Merval index in Argentina has experienced a decline for the fourth consecutive day, raising concerns about the extent of the market correction. On December 20, 2024, the index continued to fall in dollar terms, as Wall Street concluded a session with modest losses. In contrast, Argentine Depositary Receipts (ADRs) on Wall Street showed some recovery, with increases of up to 7%. However, the overall sentiment remains cautious as the Merval index has recorded the largest losses in Latin America, contributing to rising country risk perceptions. Analysts and market participants are closely monitoring the situation to gauge the potential depth of the ongoing correction.