8 Reactions to President Trump's Speech to Congress

By Michael Gryboski, Mainline Church Editor

8. The Stock Market

A screen displays the final numbers for the Dow Jones Industrial Average on the floor of the New York Stock Exchange, August 8, 2011. Panicked selling on heavy volume resulted in the S&P 500's worst day since December 2008, with every stock in the benchmark index ending in negative territory.
A screen displays the final numbers for the Dow Jones Industrial Average on the floor of the New York Stock Exchange, August 8, 2011. Panicked selling on heavy volume resulted in the S&P 500's worst day since December 2008, with every stock in the benchmark index ending in negative territory. | (Photo: Reuters/Brendan McDermid)

While the Trump speech had its supporters and its critics and those in between, one area that seems to favor the president's remarks was the economy.

According to marketwatch.com, Trump's speech before Congress was so well received that Wall Street is expecting new highs.

Get Our Latest News for FREE

Subscribe to get daily/weekly email with the top stories (plus special offers!) from The Christian Post. Be the first to know.

"Futures pointed to fresh highs for U.S. stocks Wednesday, as investors welcomed President Donald Trump's conciliatory tone during his address to a joint session of the Congress, despite lack of details of his economic plans," reported the website.

"Some analysts suggested that the absence of protectionist comments as well as overall tone that was perceived as 'presidential' instilled confidence among investors, sending global equity markets higher."

Follow Michael Gryboski on Twitter or Facebook

Was this article helpful?

Help keep The Christian Post free for everyone.

By making a recurring donation or a one-time donation of any amount, you're helping to keep CP's articles free and accessible for everyone.

$25/month$50/quarter$100/yearOne-time

We’re sorry to hear that.

Hope you’ll give us another try and check out some other articles. Return to homepage.

Most Popular