Trump Touts Golden Age as US Stock Market Rally Continues

US stock market rally has given Donald Trump a boost to his economic agenda. He claims that the gains in major indexes, including the S&P 500 and Dow Jones Industrial Average, are proof of a 'Golden Age' under his administration.

The S&P 500 gained 14.9% in the second quarter, while the Nasdaq climbed 21.4%. The Dow rose about 13%, marking its biggest quarterly jump since 2022. Trump tied these gains to tax cuts for working families and trillions of dollars in announced investment.

The rally has also been driven by optimism around earnings and economic growth, particularly in technology and semiconductor shares. However, valuation concerns remain, especially as artificial intelligence spending shapes investor expectations.

Meanwhile, Bitcoin's move near $62,000 showed how weaker jobs data and lower rate fears can quickly support risk assets after heavy volatility. The US stock market rally has also linked rates, crypto, and policy risk, with the Federal Reserve's next decisions expected to impact market direction.