President-elect Donald Trump on Thursday rang the opening bell on the New York Inventory Change.
The Republican constructed his fortune as a New York actual property investor earlier than turning to politics. Throughout his first time period as president, he measured his success partially by the energy of the inventory market, which has thus far welcomed his re-election.
The ringing of the bell signifies the beginning or closing of the buying and selling day on the world’s largest inventory alternate, and is taken into account an honor. The act has traditionally been reserved for firm executives celebrating an preliminary public providing or different main company milestones, however celebrities and politicians like Ronald Reagan, Nelson Mandela and Arnold Schwarzenegger have additionally rung it.
Reuters contributed to this report.
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