Overview

• President Donald Trump posted on Truth Social at 9:37 a.m. urging investors to buy stocks, ending the message with 'DJT,' which references both his initials and his company’s ticker symbol.
• Less than four hours later, Trump announced a 90-day pause on nearly all tariffs, triggering a sharp market rally that recovered $4 trillion in lost value.
• Investors who followed Trump’s post saw significant gains, with the S&P 500 ETF jumping 9%, Trump Media shares rising over 22%, and Tesla stock increasing by 18%.
• The ambiguous use of 'DJT' in Trump’s post has sparked debate over whether he was promoting the market broadly or specifically endorsing Trump Media, where he holds a majority stake.
• Ethics experts have raised concerns about potential conflicts of interest and market manipulation, given Trump’s dual roles as policymaker and major shareholder.