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Trump issues a "calming pill": US stocks will reach new highs again, and the government must be restarted as soon as possible!
U.S. President Trump said on Wednesday that the stock market will set more "historical highs." The U.S. stock market opened mixed, with the Dow up 0.03%, the S&P 500 down 0.03%, and the Nasdaq up 0.04%.
Trump spoke during a breakfast with Republican senators, pointing out that the government shutdown is having a negative impact on the stock market.
He said, "We must reopen the government as soon as possible and take immediate action. Our economy is in the hottest period in history, and this (government shutdown) has also had some impact on the stock market. But as of last Friday, the stock market has reached new highs multiple times in the past nine months, many times. And it will reach new highs again. This is just the beginning; once the various factories currently being built in the U.S. begin production, the situation will be even more different. We have never seen such prosperity; this is a great opportunity."
Trump stated regarding the government shutdown and the end of lengthy debate, "We should start passing the bill tonight." He urged Republicans to abandon the "filibuster" procedure to reopen federal agencies and also pushed for stricter restrictions on mail-in voting.
In the past 12 months, the S&P 500 index has risen by 19.6%, primarily due to strong corporate earnings and investor enthusiasm for AI. The stock market has shown remarkable resilience, ignoring concerns about a resurgence in global trade tensions and severe market volatility.
From Trump's perspective, the rise in the stock market proves that his policies are correct. On October 28, Trump praised the historic highs reached by the US stock market during a meeting with Japanese Prime Minister Kishi Sanae.
#今日你看涨还是看跌?