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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“India’s beautiful Triumphal Arch. Ours will be the greatest of them all!”
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 complimentary reference to India could bolster investor sentiment toward the country, potentially driving short-term inflows into India-focused funds like the iShares MSCI India ETF (INDA) as traders speculate on warmer future U.S.-India relations. However, because the comment is vague, not tied to policy, and comes via social media rather than official channels, any market reaction is likely to be modest and short-lived. Longer-term performance of INDA will remain driven primarily by India’s economic fundamentals, corporate earnings, and interest-rate environment rather than isolated political remarks.
Here are some of the stocks that might be affected:
iShares MSCI India ETF ((INDA)).