Published On Dec 12, 2024, 11:49 AM
President-elect Donald Trump rang the opening bell at the New York Stock Exchange (NYSE) to kick off trading. This event coincided with Trump being named Time magazine's Person of the Year for 2024, marking his second time receiving this honor. Video footage showed him celebrating after ringing the bell, and the trading floor was notably busy during this occasion.
Positive
Trump's presence at the NYSE, coupled with his recent accolade, may boost investor sentiment and market enthusiasm, possibly leading to a short-term rally in stocks tied to his policies or his value to broader market perceptions.
Dec 12, 2024, 10:29 AM
"I don't want to get into a situation where they do and we have a dip or something, because that can always happen," Trump said,
Dec 12, 2024, 9:42 AM
Thursday's wholesale inflation reading follows a string of releases that have shown price increases aren't rapidly falling toward the Fed's 2% target.
Dec 12, 2024, 9:32 AM
President-elect Donald Trump on Thursday rang the opening bell at the New York Stock Exchange in the Manhattan borough of New York City.