🚀 “Buy Stock Now!” – Trump Rallies the Market with Trade Deal Blitz

📈 Nasdaq pops 1%, Bitcoin crosses $100K, and Trump says America is “a rocket ship"

📊 Market Snapshot – May 8, 2025

• S&P 500: 🔺 +0.58%

• Dow Jones: 🔺 +0.62% (+250 pts)

• Nasdaq: 🔺 +1.07%

• Bitcoin: 💰 +5.25% → $101K

• Gold: 🔻 -2.3% → $2,308

🔥 What Moved the Market:

✅ Trump Strikes Again:
President Trump unveiled a new US–UK trade deal, slashing auto and steel tariffs while hinting China’s 145% tariff wall is coming down soon.
📢 “You better go out and buy stock now,” he told reporters.

✅ China Talks Incoming:
Treasury Sec. Scott Bessent heads to Switzerland this weekend to meet with Beijing. Markets betting this is the start of a global tariff thaw.

✅ Fed on Hold:
The Fed held rates steady Wednesday. Powell’s “wait-and-see” tone got a Trump slam Thursday: “Powell is a FOOL.”
Still, markets cheered the rate pause.