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Announced Mon, 6 Jul · 19:22 IST

Trump rings Wall Street's opening bells as he ties his presidency to stock market gains

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AI summary

US President Trump rang the Wall Street opening bell to promote Trump Accounts, a new vehicle for children to invest in stock indexes, created as part of Republicans' 2025 tax and spending cuts bill. The S&P 500 has gained about 10 percent so far in 2025, following returns of 17.9 percent in 2025, 25 percent in 2024, and 26.3 percent in 2023, yet Trump faces low approval at 33 percent on economic leadership amid CPI inflation climbing to 4.2 percent, driven partly by tariffs and the start of the war in Iran.