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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“My G2 Meeting with President Xi, of China, was a great one for both of our Countries!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s positive statement about his meeting with President Xi could lead to increased investor confidence in U.S.-China relations, potentially boosting the iShares MSCI China ETF. The optimism may signal improved trade relations and economic cooperation, encouraging investors to buy Chinese stocks. However, the actual impact will depend on further details and developments from the meeting.
Here are some of the stocks that might be affected:
iShares MSCI China ETF ((MCHI)).