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After Trump's "buy the dip" tweet on April 9, the U.S. stock market benchmark index has risen a cumulative 14%, marking the best increase during his two terms as president.
BlockBeats News, on May 13, in the past month, investors who followed Trump's advice on social media enjoyed one of the largest rises in the S&P 500 index under his leadership. After Trump announced the "Liberation Day" tariff initiative, the benchmark index of US stocks saw a significant fall, but in the month following April 9, when he stated "now is a good time to buy" (just hours after he paused implementing some of the most severe tariff measures in a century), the index rose by 14%. On May 8, he reiterated this view, telling reporters that the economic outlook is good and it is worth buying a lot of stocks. According to data compiled by Bloomberg, based on a rolling market calculation over 21 trading days, this is the best rise recorded by the S&P 500 index during Trump's two presidential terms, except for the special period at the beginning of the COVID-19 pandemic. (Jin10)