


President-elect Donald Trump is set to ring the New York Stock Exchange bell on Thursday, kicking off trading for the day.
The move by the president-elect comes as he has made fixing the country’s economy a major focus, discussing how he would create a new Cabinet focused on addressing the cost of living in October. The news that Trump will visit the stock exchange was reported by several outlets.
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Many celebrities have been invited in the past to ring the start of stock trading at the New York Stock Exchange, with former first lady Melania Trump invited to do so herself during her husband’s first presidential term. Trump rang the bell to promote her “Be Best” initiative.
Prior to winning the election, Trump accused the Biden-Harris administration of pushing a “fake” economy, claiming the stock market was only doing well because people were predicting his victory.
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Following Trump’s victory, the Dow Jones Industrial Average was up 1,350 points, or 3.2%. Similarly, the Nasdaq surged 440 points, or 2.4%, and the S&P 500 rose more than 2%.
Ahead of resuming his role as president, Trump has kept himself busy assembling his presidential Cabinet, with his most recent nomination going to Ronald Johnson as the next U.S. ambassador to Mexico. Johnson was previously a Green Beret officer who served from 1984 to 1998 before retiring as a colonel, and was also a CIA paramilitary operations officer.