Key Highlights: Trump Rings NYSE Bell, Promises Economic Boom
- Opening Bell Ceremony: President-elect Donald Trump rang the opening bell at the New York Stock Exchange (NYSE) on Thursday, receiving cheers and chants of "U-S-A" from traders and business leaders.
- Notable Attendees: Trump was joined by Vice President-elect JD Vance, incoming First Lady Melania Trump, NYSE President Lynn Martin, and his daughters Ivanka and Tiffany. Among the crowd were Goldman Sachs CEO David Solomon, Citigroup CEO Jane Fraser, Verizon CEO Hans Vestberg, Target CEO Brian Cornell, and investor Bill Ackman.
- Trump's Promises: In brief remarks, Trump vowed to usher in an economic boom, pledging “an economy the likes of which nobody’s ever seen before.” He proposed cutting corporate taxes to 15% for companies manufacturing in the U.S. while maintaining a 21% rate for those producing overseas.
- Energy and Inflation: Trump reiterated his plans to boost U.S. oil drilling, arguing it would help reduce inflation.
In a post-ceremony interview with CNBC's Jim Cramer, Trump emphasized his focus on incentivizing domestic production and fostering economic growth through aggressive tax cuts and energy policies.
