Raytheon awarded $71 million in Navy contracts for missile systems
Investing.com -- President Trump recently encouraged the purchase of U.S. stocks, which have fallen into bear market territory due to tariff concerns. Trump expressed his views on his social media platform, Truth Social, stating, "This Is A Great Time To Buy!!!" and "Be Cool! Everything Is Going To Work Out Well. The USA Will Be Bigger And Better Than Ever Before!"
After this encouragement, the S&P 500 index reacted positively, rising over 1% in the session. This shows that investors are reacting to Trump's posts on the platform.
In addition to equities, government bonds have also seen considerable movement in recent times. Investors had initially flocked to these bonds due to increasing risks of a recession. However, this trend has seen a reversal recently.
U.S. 10-year Treasury yields, which had dropped 26 basis points last week, have now surged more than 40 basis points this week. The longer-dated bonds have been hit the hardest. The 30-year yields have risen nearly 50 basis points, marking their biggest weekly jump since the early 1980s.
The President's comments come at a time when various asset classes are experiencing volatility. However, his posts suggest an optimistic outlook for the U.S. stock market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.