US equities posted substantial gains across major benchmarks, with the Dow Jones Industrial Average climbing 585.06 points (1.34%), the S&P 500 advancing 91.93 points (1.47%), and the Nasdaq Composite leading the rally with a 403.45-point (1.95%) surge.
President Trump hailed the market upswing, declaring the United States is becoming ‘prosperous again’ while emphasizing the fundamental strength of the economy. The remarks coincided with heightened investor confidence reflected in the market’s performance.
The broad-based rally signals improved economic outlooks and potential stabilization in financial markets. Technology stocks drove the Nasdaq’s outperformance, providing significant momentum to the overall market recovery effort.