Trump: Better go out and buy stocks now.

Thursday, May 8, 2025 11:40 am ET1min read

Trump: Better go out and buy stocks now.

U.S. stocks surged on Thursday following President Trump's announcement of a trade deal with the United Kingdom, which has bolstered investor optimism about the future of the trade war. The tech-heavy Nasdaq Composite (IXIC) rose by approximately 0.8%, the S&P 500 (^GSPC) climbed around 0.8%, and the Dow Jones Industrial Average (^DJI) rose 0.7% [1].

The agreement, which includes billions of dollars of increased market access for American exports, as well as steel and aluminum tariffs, has been seen as a potential pivot in Trump's trade strategy. The President indicated that other trading partners, including China, are eager to make a deal, signaling a possible shift in the administration's approach [1].

The Federal Reserve's decision to hold interest rates steady on Wednesday has also contributed to the market's positive sentiment. However, the central bank's cautious approach reflects the ongoing economic uncertainty and market volatility created by Trump's tariff policies [1].

Investors are also digesting new developments in the crypto market. Freight Technologies (Nasdaq: FRGT), a logistics company, has committed $1 million to the Trump Token (TRUMP), with potential for up to $20 million more through a convertible note agreement. This move has been seen as both a PR stunt and a signal of mainstream token experimentation in the corporate treasury space [2].

As the market prepares for the day ahead, several key factors are expected to influence trading. U.S. stock futures are pointing higher, with Nasdaq, S&P 500, and Dow Jones Industrial Average futures up 1.2%, 0.9%, and 0.7% respectively, following the indexes' gains in the previous session. Additionally, Bitcoin (BTCUSD) is trading at around $99,500, and oil futures are gaining while gold futures are declining [4].

In response to the market's recent volatility, analysts have suggested investing in stocks that offer resilience and dividend yields. Two stocks that have shown promise are WEC Energy Group (WEC) and Consolidated Edison (ED). Both companies have reported strong earnings and offer dividend yields near 3% in 2025 [3].

While the market has responded positively to Trump's trade deal, investors should remain cautious and monitor the ongoing developments in the trade war and the broader economic landscape.

References:
[1] https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-edge-higher-as-trump-unveils-us-uk-trade-deal-141340440.html
[2] https://coinpedia.org/news/fr8tech-nasdaq-listed-company-buys-1-million-trump-tokens/
[3] https://www.barchart.com/story/news/32167249/the-market-tanked-during-trumps-first-100-days-buy-these-2-stocks-for-what-comes-next
[4] https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-may-08-2025-11730596

Trump: Better go out and buy stocks now.

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