Markets rally after Trump address, despite the lack of policy details
Markets rally after Trump address, despite the lack of policy details
Markets saw a big bounce today following President Donald Trump’s speech last night. The Dow jumped more than 300 points, closing above 21,000 for the first time today. That follows an upward market trend since the election, which the president noted. But his speech lacked details about a lot of the promises he has made — to reform the tax system, undo Dodd-Frank, roll back regulations and repeal the Affordable Care Act — all things Wall Street cares about. So what is it, exactly, that the market is trading on?
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
