Trump rang the bell, but the US stock market fell

» Published: December 12 2024

Trump rang the bell, but the US stock market fell
Photo: Alex Brandon/AP/TT

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The USA's incoming president Donald Trump had the honor of ringing the stock exchange bell when Thursday's stock trading began on Wall Street in New York, USA.

However, he did not get to experience a continued rise for the leading American stock indexes – the broad S&P500 index fell 0.5 percent, the technology-heavy Nasdaq composite index lost 0.7 percent, and the Dow Jones industrial index dropped 0.5 percent.

Google's parent company Alphabet fell 1.6 percent, while Apple rose 0.6 percent.

It went worse for the software company Adobe, which plummeted 13.7 percent after a weaker sales forecast than expected.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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