Market Rally on Trump's Second Inauguration
In a remarkable display of investor confidence, the Dow Jones Industrial Average experienced a significant surge, climbing 400 points during Tuesday's trading session. This uptick is largely attributed to the renewed optimism following the second inauguration of President Donald Trump, known for his business-oriented policies.
By 11:49 am ET, the Dow Jones had soared by 0.95%, or 412 points, reflecting a robust market sentiment. Concurrently, the Nasdaq 100 and the S&P 500 also saw gains, increasing by 0.21% and 0.53% respectively.
Meanwhile, the currency market remained steady, with the euro holding its ground against the dollar, trading at $1.04159 at 11:50 am ET.
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