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US Stock Market Opens Green; Trump Pledges Support for High Market Levels
11/28/2025, 15:06
11/28/2025, 15:36
AI SUMMARY
●S&P 500 and Nasdaq open with gains, trading near record highs.
●Trump pledges to maintain market highs to support retirement plans.
●Analysts link the pledge to supportive macro factors like Fed cuts and AI spending.
The US stock market opened with gains, as the S&P 500 rose 0.2% and the Nasdaq gained 0.3%. The S&P 500 is currently trading just 1.3% away from a new record high.
President Trump commented that he intends to keep the stock market at all-time highs, describing the market as "hot" and a significant benefit for 401(k) retirement accounts. This political stance is viewed by market observers as part of a broader supportive environment for risk assets.
[Update 1] Analysts have noted that this pledge coincides with several other supportive macroeconomic factors. These include anticipated Federal Reserve interest rate cuts, the potential end of quantitative tightening, and significant global spending on AI infrastructure, all contributing to a bullish outlook.