After Trump's "bottom-hunting" tweet on April 9, the benchmark U.S. stock index rose 14%, the best gain in his two presidential terms
Online reports that in the past month, investors who followed Trump's advice on social media have enjoyed one of the biggest gains in the CPI 500 under his leadership. The benchmark U.S. stock index fell sharply after Trump announced the Liberation Day tariff measures, but rose 14% in the month after April 9, when he said it was a good time to buy (hours before he suspended some of the toughest tariff measures in a century). On May 8, he reiterated this view again and told reporters that the economic prospects are good and it is worth buying a lot of stocks. According to data compiled by Bloomberg, based on rolling prices over 21 trading days, this is the best increase in the S & P 500 index recorded during Trump's two presidencies, except for the special period in the early days of the COVID-19 epidemic in 2020. (Jin Shi)
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