US Stock Market Move | Trump claims to have reached a "significant trade agreement" with the UK, and three major indexes have seen short-term increases.
On Thursday, the three major US stock indexes saw a short-term rebound, with the Dow rising by 1.27%, the Nasdaq rising by 1.6%, and the S&P 500 rising by 1.2%.
On Thursday, the three major stock indexes in the US saw a short-term rise, with the Dow Jones rising by 1.27%, the Nasdaq rising by 1.6%, and the S&P 500 rising by 1.2%. In terms of news, US President Donald Trump said in a speech to reporters at the White House that he has reached a "significant agreement" with the UK. This agreement will provide billions of dollars in additional market access for US exports, particularly in the agricultural sector, significantly improving market access for nearly all products produced by American farmers, such as beef and ethanol. Trump stated that the UK will reduce or eliminate many non-tariff barriers that discriminate against American products, and the agreement reached with the UK today is the first in a series of trade agreements. Additionally, Trump mentioned that if trade agreements combined with tax cuts are successful, it would be wise to invest in stocks now.
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