President Trump rings NYSE bell to launch Trump Accounts
- Updated
“It’s going to go up — I think the market’s going to go through the roof,” said Trump after formally launching the start of trading.
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President Donald Trump has rung the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office. It's a symbolic act that reflects how Trump has increasingly tied his presidency to the stock market. Trump said Monday after formally launching the start of trading he thinks “the market’s going to go through the roof.” High inflation has hurt Trump's popularity, so the Republican president has tried to get more Americans to focus on their 401(k) investments as the November midterm elections draw closer. Monday's event was aimed at promoting the launch of Trump Accounts to give kids access to investing.
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