All three major U.S. stock indexes closed sharply lower
All three major U.S. indexes closed sharply lower, with the Nasdaq down 2.04%, the S&P 500 down 1.57% and the Dow down 1.49%. Tesla fell more than 5 percent.
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Trump's investment account recorded net purchases exceeding $49 millions in June, with financial and defense stocks becoming major holdings, and over a thousand trades executed!
In June, Trump's investment account completed over 1,000 stock trades, with net purchases exceeding $49 million. There were million-dollar level buys in Berkshire Hathaway, Visa, and Mastercard, with financial stocks surpassing tech stocks to become the largest holding sector for the month. The White House insists that the President himself is completely unaware of the trades; all decisions are executed automatically by an independent manager using computer models.
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