U.S. stock markets continue to rally this week amid optimism around President Trump’s economic plans. Reaching a historic high on Monday, S&P 500 topped $20 trillion. This latest rally is a part of the ongoing boost stock market indices have been enjoying as economists wait for the Trump Administration to roll out its economic plan.
Despite a slight stall last week, the stock market has a renewed optimism, with financial and industrial stocks benefiting most from the ‘Trump trade’.
Despite stock market optimism from Wall Street, economists remain wary of the President’s economic plan. According to a Reuters report, some experts are starting to express concern over when he will actually introduce his plan.