Donald Trump used the stock market's performance as a daily gauge of his administration's success during his first term. The S&P 500's strong breadth today may be seen by him as an early vote of confidence. Pain was mainly seen in energy stocks.
Karishma Vanjani is a markets and trending news reporter at various leading financial outlets. She specializes in finance, trading, commodities and futures, personal finance, and investment, often covering topics such as markets, AI, airlines, cryptocurrency, and Bitcoin. Karishma's work has been featured in Barron's, Yahoo News, Private Equity News, Financial News, Cigalah Group, Wealth Creation Investing, Yahoo Finance Singapore, Yahoo Finance, and MarketWatch.