Today: 4 July 2026
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NASDAQ:OTF 30 December 2025

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  • Trump says economy 'soaring' as stocks hit records, credits tax cuts
    July 4, 2026, 4:40 AM EDT. President Donald Trump said the US economy is 'soaring' with the S&P 500, Nasdaq, and Dow Jones Industrial Average all posting record highs. Trump pointed to his tax cuts, higher exports, and a shrinking trade deficit as reasons for the market rally. He said stronger 401(k) balances and more investment have led to more factories and jobs. In remarks before the US 250th Independence Day, Trump called it a 'Golden Age' for the economy and talked up rising wages, new plants, and jobs. He said this quarter is the strongest since his last term and predicts his policies will top his earlier results.
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