Market Rally Following Presidential Advice

In a significant upturn, American stock markets experienced a robust surge on Thursday. The Dow Jones Industrial Average leaped over 550 points, a movement that followed closely after President Donald Trump's public recommendation for investors to "better go out and buy stock now." This advice was shared during an Oval Office media briefing, where the President also unveiled the framework of a pivotal trade agreement between the United States and Britain.

Trade Deal Sparks Investor Confidence

This agreement marks the first major deal since the U.S. implemented extensive "reciprocal" tariffs worldwide earlier in the year. The announcement seemed to inject a fresh wave of optimism among investors, as evidenced by the immediate market response.

Market Performance Highlights

By 11:52 am ET, the Dow Jones had climbed 1.33%, translating to a 558-point increase. Shortly thereafter, the Nasdaq 100 and the S&P 500 also saw significant gains, rising by 1.60% and 1.26% respectively. Concurrently, the euro experienced a slight decline against the dollar, trading 0.49% lower at 1.12460.