New York CNN —US markets rose Monday as investors processed the assassination attempt on former President Donald Trump over the weekend.
The Dow rose 169 points, or 0.4%, paring its gains after hitting a fresh all-time high earlier in the session.
The Republican Party’s campaign platform promises to “end Democrats’ unlawful and un-American crypto crackdown.”Shares of Trump Media & Technology Group, the former president’s social media company, popped 35.6%.
A Trump win in November likely means the preservation or expansion of tax cuts and increased tariffs.
While economic growth sounds positive for the US, some investors worry that it could reaccelerate inflation.
Persons:
Donald Trump, Bettors, Joe Biden, Morgan Stanley, “, Trump, ”, Mark Malek
Organizations:
New, New York CNN, Dow, Nasdaq, Trump, Republican Party’s, Trump Media & Technology Group, CNN, Federal Reserve, Siebert Financial
Locations:
New York