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Trump buys 327 stocks amid tariff chaos, then sparks 9.5% market rally with tariff rollback

Market News
02 Jul 2026
CNBC
View Source
Bullish
pluang ai news

On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge about 9.5%, one of its best single-day gains. Trump's trades highlight his significant personal stake in the market and his influence on market movements. This episode underscores concerns about potential conflicts of interest and market manipulation during his presidency.

More News (AAPL)

State Street offers a cheaper S&P 500 ETF alternative to SPY with lower fees and dividend reinvestment.

State Street offers a cheaper S&P 500 ETF alternative to SPY with lower fees and dividend reinvestment.

The SPDR S&P 500 ETF Trust (SPY) is the largest and most liquid S&P 500 ETF but charges a 0.0945% fee and uses a structure that delays dividend reinvestment. State Street offers a cheaper alternative, the SPDR Portfolio S&P 500 ETF (SPYM), which trac...

Market News
Neutral
5 hours ago
Apple shares drop 2% after Jefferies downgrades on iPhone pricing and production issues

Apple shares drop 2% after Jefferies downgrades on iPhone pricing and production issues

Jefferies downgraded Apple stock to Underperform, citing challenges in launching higher-priced iPhones and lifting average selling prices. The firm revealed Apple canceled a planned all-glass iPhone model for 2027 due to poor production yields, which...

Market News
Bearish
6 hours ago
Apple stock downgraded to 'Underperform' with 14% downside risk amid iPhone production issues and rising costs.

Apple stock downgraded to 'Underperform' with 14% downside risk amid iPhone production issues and rising costs.

Jefferies downgraded Apple stock to 'Underperform' and cut its 12-month price target to $263.66, citing the cancellation of Apple's planned all-glass iPhone for 2027 due to production yield problems and rising memory costs. The analyst forecasts a po...

Analyst Insights
Bearish
8 hours ago
GameStop rethinks $56B eBay buy, Apple faces 38% iPhone cost hike, Archer Aviation buys Boeing units.

GameStop rethinks $56B eBay buy, Apple faces 38% iPhone cost hike, Archer Aviation buys Boeing units.

GameStop is reconsidering its $56 billion acquisition offer for eBay and exploring alternatives like partnerships or joint ventures, amid a 28% drop in its shares since May. Apple will raise the price of its 256GB iPhone 18 Pro by about 38% in Q3 due...

Market News
Neutral
9 hours ago
Apple to pay $0.27 dividend per share on Aug 13, 2026, with steady income and leadership change ahead.

Apple to pay $0.27 dividend per share on Aug 13, 2026, with steady income and leadership change ahead.

Apple will distribute a $0.27 quarterly dividend per share on August 13, 2026, unchanged from the previous quarter, rewarding shareholders with steady income. The dividend continues Apple's 15-year streak of annual increases, supported by strong cash...

Company Fundamentals
Neutral
11 hours ago
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