30 Mins
Source:
الخليج
Trump invests in tech stocks prior to tariff removal
In April 2025, President Donald Trump purchased 327 shares of major technology companies during a stock market downturn, specifically on April 8th, following the implementation of broad import tariffs he called "Liberation Day." This wave came just before the S&P 500 index declined by over 12% within four days, but the market quickly reversed course after he made a statement on "Truth Social" that it was a good time to buy, and he decided to roll back some of the tariffs, leading to a 9.5% surge in the market in a single trading session. The purchases included companies like Apple, Alphabet, Amazon, Microsoft, and Nvidia — all of which had been negatively affected by the tariffs, with some reaching record gains. It became evident that Trump had significant personal interests in the markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)