Trump indicated that markets are poised for increases, supported by recent positive trends. The S&P 500 gained its first rise since late February, reflecting enhanced investor confidence. Meanwhile, Bitcoin remained strong at over 100,000 USD.
Following Trump’s remarks, the tech sector led the rally with Nvidia rising to deliver AI chips to Saudi Arabia. However, the Dow Jones Average fell, influenced by a sharp decline in UnitedHealth’s shares.
Investors are monitoring inflation indicators, with April’s Consumer Price Index increasing by 2.3%. A pause on tariffs and upcoming economic data are pivotal in shaping market responses.
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