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The Economic Times
The Economic Times
Business

Trump rings Wall Street's opening bells as he ties his presidency to stock market gains

President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.

With high inflation hurting Trump's popularity, the Republican president has tried to get more Americans to focus on their 401(k) investments, claiming that his policies should get the credit for any gains, particularly as the November midterm elections draw closer.

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