finance
Trump Rings NYSE and Nasdaq Opening Bells from Oval Office as Inflation Rises and Economic Approval Stands at 33 %
President Donald Trump rang the opening bells for the New York Stock Exchange and Nasdaq at 9:30 a.m. EDT on July 6, 2026, from the Oval Office. The event promoted Trump Accounts created under the 2025 tax and spending cuts bill.
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President Donald Trump rang the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office at 9:30 a.m. EDT on July 6, 2026. pbs.org reported that Treasury Secretary Scott Bessent joined the event.
Trump stated that the accounts would grow with the economy. “With the ringing of the opening bell for the stock market, those accounts will now begin to grow right along with our booming economy, and I really believe we’re going to have the biggest boom of all right now,” he said.
Trump Accounts were established under Republicans’ 2025 tax and spending cuts bill to allow children to invest in stock indexes.
Pbs.org reported that Bessent had said last December that the accounts could eventually give every American adult direct stock ownership. The S&P 500 posted a 17.9% gain in 2025 after returns of 25% in 2024 and 26.3% in 2023. The index has risen about 10% in 2026 so far.
The consumer price index rose 4.2% over the past 12 months, up from 3% when Trump began his second term in January 2025. pbs.org reported that 33% of U.S. adults approved of Trump’s economic leadership in a June survey by the Associated Press-NORC Center for Public Affairs Research.
Trump won the 2024 presidential election.
