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Trump to Tout US Investments From Nvidia, J&J, Hyundai, Toyota in Wednesday's White House Event
On the occasion of his first hundred days in office, Trump will hold an event at the White House to promote investment in the USA, with Company Executives from NVIDIA and other companies participating.
US government officials stated that on the 100th day of Trump's second term, over 20 senior business leaders from companies such as NVIDIA, Johnson & Johnson, Toyota, Eli Lilly and Co, and SoftBank Group will visit the White House on Wednesday to participate in an event promoting investment in the USA. A White House official mentioned that Trump plans to advocate for and promote widespread investment in the fields of USA defense, Technology, Medical Care, Consumer products, and investment Funds on the occasion of his hundredth day in office. Despite the concerns of major US enterprises regarding new tariffs, Trump is still trying to attract new investments. Airlines, aerospace companies, Auto Manufacturers, and retailers are all concerned about the impact of tariffs on USA manufacturing.
After the buying phase, individual stock selection will be guided by the financial results.
The Nikkei average has risen for four consecutive trading days. It ended trading at 35,839.99 yen, up 134.25 yen (with an estimated Volume of 2 billion 10 million shares). Following the purchase of tech stocks in the US market last weekend and favorable movements from major companies' earnings reports, the Nikkei average started with a buying lead, shortly rising to 36,075.26 yen after the trading began, recovering to the 36,000 yen level for the first time in about four weeks since April 1. Additionally, due to the yen depreciating to around 143 yen per dollar, export-related stocks were repurchased.
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