Part 3/8:
The aftermath of Trump’s announcement saw Wall Street experience significant gains, with the Dow Jones Industrial Average surging by 8%, the S&P 500 up by 9.5%, and the Nasdaq seeing a remarkable rise of 12%. Analysts suggest this spike reflects renewed optimism as over 15 countries signaled interest in trade negotiations with the U.S., showcasing a shift in foreign sentiment regarding American economic policies.
Interestingly, reports emerged that Goldman Sachs was optimistic enough to retract previous recession predictions, citing the positive upticks in the stock market as encouraging signs for the U.S. economy.