Trump: U.S. Stock Market Reaches Record High Today Despite Minor Conflict

According to reports, U.S. President Trump stated today that the stock market reached a record high, despite ongoing minor conflict.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

South Korea Surpasses Canada as World's Seventh-Largest Stock Market, Up 71% YTD to $4.59T

According to BlockBeats, South Korea surpassed Canada to become the world's seventh-largest stock market on May 7, driven by strong demand for artificial intelligence chips. South Korea's total market capitalization surged 71% year-to-date to $4.59

GateNews12m ago

Arm Warns Smartphone Weakness, Eyes AI Chip Growth to Offset

Arm Holdings warned that smartphone market weakness is compressing a key revenue source for the chip design company, though growth in AI chip business is expected to offset the impact, according to CEO Rene Haas in an earnings call. Prior quarter phone shipments declined, with losses concentrated in

CryptoFrontier16m ago

DTCC CEO: Tokenized securities testing to start in July; L1 performance is the key bottleneck

CoinDesk reported on May 6 that Frank La Salla, president and CEO of Depository Trust & Clearing Corporation (DTCC), said on Wednesday at the Consensus 2026 conference in Miami that DTCC is working with multiple Layer-1 (L1) blockchain networks and announced that the company plans to begin testing a tokenized securities platform starting in July 2026.

MarketWhisper18m ago

Gate Daily Report (May 7): The White House will announce Bitcoin reserves “in the next few weeks”; Samourai co-founder calls for crypto donations

Bitcoin (BTC) gave back the overnight gains, trading at around $81,000 as of May 7. White House adviser Patrick Witt said the latest update on the U.S. Bitcoin reserve will be released “within the next few weeks.” Samourai Wallet co-founder called for donations of Bitcoin from the federal prison, and President Trump’s hopes for a pardon are slim.

MarketWhisper22m ago

MediaTek hit the limit-up for multiple days, forcing the “closed-door” punishment; today it was listed as a disposal stock, opening down nearly 4%.

MediaTek’s stock price was listed by the Taiwan Stock Exchange as a designated-for-control stock due to abnormal price activity. The control period runs from May 7, 2026 to May 20, totaling ten trading days. During the period, trade matching will be conducted approximately once every five minutes; orders exceeding a certain amount will require advance payment and securities. After the earnings call, the share price moved strongly, and the market cap surpassed 5.5 trillion. Today at the open, it fell by nearly 4% to below NT$3,300. The control mechanism is a “lockdown,” which reduces short-term liquidity but does not change fundamentals. Investors should watch for slippage risk.

ChainNewsAbmedia34m ago

SOL Spot ETFs See $21.3M in Net Inflows Overnight, Bitwise BSOL Leads

According to ChainCatcher citing SoSoValue data, SOL spot ETFs saw net inflows of $21.3 million yesterday (May 6). Bitwise Solana Staking ETF (BSOL) led inflows with $20.77 million, while Fidelity Solana Fund ETF (FSOL)

GateNews36m ago
Comment
0/400
No comments