Why Trump Media Stock Is Soaring Today

Trump Media (NASDAQ: DJT) stock is seeing big gains Wednesday amid an increase in bullish sentiment across the market. The company's share price was up 10.3% as of 2:15 p.m. ET. Meanwhile, the S&P 500 was up 2%, and the Nasdaq Composite had climbed 3.1%.On the heels of big gains yesterday, the stock market is moving higher again today following statements from President Donald Trump and other administration officials that suggest a desire to reach a trade deal with China. Trump Media's valuation is also moving higher in response to news about the company's plans to launch exchange-traded funds (ETFs) through its Truth.Fi brand.The stock market has continued to be highly volatile this week. After Trump's call for immediate interest rate cuts and criticism of Federal Reserve Chair Jerome Powell prompted a steep pullback Monday, the market has rebounded in response to some seemingly favorable macroeconomic news. Following an initial report yesterday that Treasury Secretary Scott Bessent expected a de-escalation of the U.S.-China trade war, subsequent comments from Trump and other officials seem to have confirmed that the administration wants to make a deal that would lower tariffs. A potential resolution to trade-related pressures has investors feeling bullish today, and Trump Media stock is gaining ground thanks to the momentum. Continue reading

Apr 23, 2025 - 19:42

Trump Media (NASDAQ: DJT) stock is seeing big gains Wednesday amid an increase in bullish sentiment across the market. The company's share price was up 10.3% as of 2:15 p.m. ET. Meanwhile, the S&P 500 was up 2%, and the Nasdaq Composite had climbed 3.1%.

On the heels of big gains yesterday, the stock market is moving higher again today following statements from President Donald Trump and other administration officials that suggest a desire to reach a trade deal with China. Trump Media's valuation is also moving higher in response to news about the company's plans to launch exchange-traded funds (ETFs) through its Truth.Fi brand.

The stock market has continued to be highly volatile this week. After Trump's call for immediate interest rate cuts and criticism of Federal Reserve Chair Jerome Powell prompted a steep pullback Monday, the market has rebounded in response to some seemingly favorable macroeconomic news. Following an initial report yesterday that Treasury Secretary Scott Bessent expected a de-escalation of the U.S.-China trade war, subsequent comments from Trump and other officials seem to have confirmed that the administration wants to make a deal that would lower tariffs. A potential resolution to trade-related pressures has investors feeling bullish today, and Trump Media stock is gaining ground thanks to the momentum.