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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Due to a massive earthquake that occurred in the Pacific Ocean, a Tsunami Warning is in effect for those living in Hawaii. A Tsunami Watch is in effect for Alaska and the Pacific Coast of the United States. Japan is also in the way. Please visit for the latest information. STAY STRONG AND STAY SAFE!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because The announcement of a tsunami warning and watch due to a massive earthquake could lead to increased volatility in the stock market, particularly affecting sectors related to insurance, travel, and transportation. The iShares MSCI Japan ETF might experience fluctuations as investors react to potential disruptions in Japan’s economy and infrastructure. Additionally, companies with significant operations in the affected regions may see their stock prices impacted as investors assess the potential for economic losses.
Here are some of the stocks that might be affected:
iShares MSCI Japan ETF ((EWJ)).