Market Responds Positively to Trump's Economic Policies

In a remarkable turn of events, the Dow Jones Industrial Average surged by nearly 270 points following President Donald Trump's speech. Trump emphasized the need for a reduction in the Federal Reserve's interest rates and addressed global oil prices, reinforcing his commitment to America First policies.

Stock Market Dynamics

By 11:50 am ET, the Dow Jones had climbed by 0.61%, marking a significant uptick. The S&P 500 also saw a modest increase of 0.17%. However, the Nasdaq 100 experienced a slight decline of 0.20%, primarily due to losses in the technology sector, which contrasted with the gains from the previous day.

Currency Exchange Rates

At 11:56 am ET, the euro remained stable against the dollar, trading at $1.04184. This stability comes amidst fluctuating global markets and the ongoing adjustments to economic policies.