Nasdaq rises 1.40% after Trump’s post
President Trump’s recent post on TruthSocial has led to a surge in stock markets. The S&P is up 1.01% and Nasdaq has risen 1.40%.
Crude oil prices have dropped by $2.88 to $73.15, falling below the 200-day moving average of $73.57.
Intel’s stock has seen a significant increase of 6.64% after Trump mentioned a deal with Apple and Intel. The US government has acquired a 10% stake in Intel at $20, with the stock currently trading at $128.