An upswing on Wall Street – Trump’s social media company on a rocket-like rise

Wall Street opened higher on Monday. Among the major indexes, the S&P 500 was up 0.45 percent, the Dow Jones was up 0.51 percent and the Nasdaq 100 was up 0.68 percent.

The biggest attention in the stock market was gathered by the shooting of presidential candidate Donald Trump Trump Media & Technology Group, whose share was up 37.16 percent when the stock market opened.

The parent company of the social media platform Truth Social was up more than 70 percent in the premarket at its best, but the opening was still a significant show of support for the company, which operates with almost negligible turnover compared to its market value, and for Trump himself.

Electric car manufacturer Tesla’s the rise continued at the opening of Wall Street. The company’s share price was up by about five percent.

A financial company that published results that were better than expected Goldman Sachs opened up 1.71 percent. The company’s operating profit more than doubled compared to the comparison period in the second quarter.

Source: www.arvopaperi.fi