From the Oval Office, a president ties his standing to Wall Street by opening two exchanges at once Donald Trump rang the opening bells for both the New York Stock Exchange and the Nasdaq from the Oval Office to launch Trump Accounts, a child investment program, even as his approval on the economy stays weak. President Donald Trump turned an ordinary Monday morning on Wall Street into a piece of political theater, ringing the opening bells for both the New York Stock Exchange and the Nasdaq from inside the Oval Office. Performing that double honor without stepping onto any trading floor made clear how closely Trump wants to bind his presidency to the direction of share prices. A ceremony built around Trump Accounts The Oval Office event doubled as a launch party for a program the administration calls Trump Accounts. The accounts are built for children, giving them a way to invest in stock indexes from an early age. Republicans wrote the idea into a 2025 tax and spending cuts bill, folding it into the broader package that reshaped fiscal policy for the year. As trading got under way, Trump predicted a boom. 'Its going to go up, I think the markets going to go through the roof,' he said, framing the moment as the beginning of something big for young savers. Bessent says most families are shut out Speaking before the bell ceremony, Treasury Secretary Scott Bessent laid out why the program matters. He argued that a large share of Americans never buy stocks at all, which narrows the group of people who actually benefit when markets climb. The rewards, he said, tend to flow to wealthier households, while other gains sit locked away for decades inside retirement plans that ordinary families cannot easily reach. '38% of American families do not have any exposure to our great equity markets,' Bessent said. Weak approval on the economy The choreography carried a political warning for Republicans. A June survey pointed to soft public support for Trump's handling of the economy. Conducted by the Associated Press-NORC Center for Public Affairs Research, it found that just 33% of US adults approved of his economic leadership. That number underlines the risk in staging a celebration around rising markets: the gains simply do not reach many voters in their daily lives. The market's recent run The market's record looks strong on paper. The S&P 500 rose 17.9% in 2025, extending a stretch of powerful returns. The index gained 25% in 2024 and 26.3% in 2023, and both of those years fell under Democrat Joe Biden's presidency. So far this year the benchmark has advanced roughly 10%, keeping the upward trend intact even as the political ownership of those gains is disputed. Inflation still clouds the picture Inflation continues to shape how voters judge Trump's leadership. He won the 2024 election partly on a promise to bring costs down, yet prices have pushed higher since. Tariffs and the start of the war in Iran added fresh pressure on the cost of goods. The consumer price index climbed 4.2% over the past 12 months, up sharply from 3% when Trump began his second term in January 2025. A pitch for wider ownership Closing out the event, Trump argued that spreading share ownership more widely could help future generations build wealth. He highlighted the government support behind the new accounts and pointed to backing from several companies and billionaires. He also joked about how long it had taken to get the program going. 'We should have acted faster,' he said. The administration has continued to sell the plan as a way to pull more Americans into the market and widen who takes part in the economy. What this means for you • For investors: US markets and Trump's economic policy help set the tone for global markets, so the mood on Wall Street can ripple into share markets across India and the world. • For everyday people: With US inflation running at 4.2% over 12 months, rising markets have not eased the pressure of everyday prices. Questions & Answers 1. Where did Trump ring the bells? Donald Trump rang the opening bells for both the New York Stock Exchange and the Nasdaq from the Oval Office. 2. What are Trump Accounts? They are accounts built for children so they can invest in stock indexes from an early age. The idea was included in a 2025 tax and spending cuts bill. 3. Why did Scott Bessent cite the 38% figure? Bessent said 38% of American families have no exposure to equity markets, so the benefits of rising stocks reach only a limited group of people. 4. How has the S&P 500 performed? The S&P 500 rose 17.9% in 2025, after returning 25% in 2024 and 26.3% in 2023. It has climbed roughly 10% so far this year. 5. How strong is Trump's approval on the economy? A June survey found that just 33% of US adults approved of Trump's economic leadership. 6. What is inflation in the US right now? The consumer price index rose 4.2% over the past 12 months, up from 3% when Trump began his second term in January 2025. https://trendkia.com/en/market/white-house-se-sheyara-bajara-para-danva-trump-ne-oval-office-se-bajain-nyse-aura-nasdaq-ki-ghntiyan-5244 TrendKia — Har trend, sabse pehle.