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On two occasions now, Trump has gotten in front of major trade announcements and urged investors to buy stocks.
Markets cheer tariff reprieve, Republican budget proposal includes funding cuts to Medicaid, Tesla worth $1 trillion, more news to start your day.
1don MSN
For a few tense days last month, it looked like a roaring bull market for U.S. stocks was coming to an end after an impressive 2½ year run. As the magnitude of President Donald Trump’s “liberation day” tariff announcement took investors by surprise,
Rep. Jared Moskowitz bought tens of thousands of dollars in stock in 20 different companies just two days before Trump announced a tariff pause.
Tesla stock was rising again early Tuesday after thawing U.S.-Chinese trade relations gave the shares a big boost on Monday. The focus has shifted back to the U.S. and President Donald Trump’s tax policy.
Although they long for more clarity about tariffs, investors feel they can’t sit on the sidelines as stocks climb.