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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Corrupt and Totally Trump Deranged Lisa Monaco (A purported pawn of Legal Lightweight Andrew Weissmann), was a senior National Security aide under Barrack Hussein Obama, and a Lawfare and Weaponization obsessed Deputy Attorney General under Crooked Joe Biden and Lisa’s Puppet “Boss” Attorney General Merrick Garland, who were all the architects of the worst ever Deep State Conspiracies against our Country (RUSSIA, RUSSIA, RUSSIA, the January 6th Hoax, the Illegal Raid on Mar-a-Lago, the Biden “Autopen” Scandal, the Documents Witch Hunt, and more!). Monaco has been shockingly hired as the President of Global Affairs for Microsoft, in a very senior role with access to Highly Sensitive Information. Monaco’s having that kind of access is unacceptable, and cannot be allowed to stand. She is a menace to U.S. National Security, especially given the major contracts that Microsoft has with the United States Government. Because of Monaco’s many wrongful acts, the U.S. Government recently stripped her of all Security Clearances, took away all of her access to National Security Intelligence, and banned her from all Federal Properties. It is my opinion that Microsoft should immediately terminate the employment of Lisa Monaco. Thank you for your attention to this matter! President DJT”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s statement could potentially lead to increased volatility in Microsoft’s stock due to concerns over national security implications and potential reputational damage. This volatility may also impact broader technology-focused ETFs such as Invesco QQQ Trust, Technology Select Sector SPDR Fund, and Vanguard Information Technology ETF, as Microsoft is a significant component of these funds. Investors might react to the perceived risks by adjusting their positions, leading to fluctuations in the stock prices of these ETFs.
Here are some of the stocks that might be affected:
Microsoft ((MSFT)),
Invesco QQQ Trust ((QQQ)),
Technology Select Sector SPDR Fund ((XLK)),
Vanguard Information Technology ETF ((VGT)).