• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Investing

Trump’s ‘great time to buy’ post sparks market manipulation claims: calls for probe grow

by April 11, 2025
by April 11, 2025
trump great time to buy, trump this is a great time to buy, trump tweet

Donald Trump is under fire for possible market manipulation after a social media post urging investors to buy stocks preceded a sudden reversal on trade tariffs, which sent markets soaring worldwide.

On Wednesday morning, just after US markets opened, Trump wrote on his social media platform Truth Social: “THIS IS A GREAT TIME TO BUY!!! DJT.”

Within four hours, he stunned investors by announcing a 90-day pause on new tariffs for most countries, excluding China.

The announcement triggered a major rally, with the S&P 500 closing up more than 9% and the tech-heavy Nasdaq surging over 12%.

The global ripple effect was swift.

Japan’s Nikkei 225 jumped 9%, while London’s FTSE 100 climbed as much as 4% in early Thursday trading.

Adding intrigue to Trump’s post was his unusual decision to sign off with “DJT” — the same ticker symbol for Trump Media & Technology Group, which owns Truth Social.

Shares of the company rose 22% on Wednesday, raising further questions about the timing and intent of the president’s message.

Calls for investigation intensify in Washington

The sequence of events has prompted sharp criticism from lawmakers, with allegations that Trump’s actions provided an opportunity for insider trading.

Senator Adam Schiff said the market swings demand scrutiny:

“Who in the administration knew about Trump’s latest tariff flip-flop ahead of time? Did anyone buy or sell stocks and profit at the public’s expense?”

Senator Chris Murphy echoed concerns, warning of an “insider trading scandal” and speculating that Trump’s post was a signal to his associates to capitalise on private information.

Meanwhile, Representative Alexandria Ocasio-Cortez called for all members of Congress to disclose any recent stock trades, hinting at suspicious activity:

“I’ve been hearing some interesting chatter on the floor,” she wrote on X.

“Disclosure deadline is May 15th. We’re about to learn a few things.”

Ethics and legal experts see grounds for investigation

Legal scholars and ethics experts argue that Trump’s actions merit serious investigation.

Richard Painter, former chief ethics lawyer for President George W. Bush, warned that the timing of Trump’s post leaves him vulnerable to accusations of market manipulation.

Kathleen Clark, a professor at Washington University School of Law, said Trump’s behaviour “would ordinarily trigger an investigation by the Securities and Exchange Commission.”

She added, “Such investigators would be looking for evidence that Mr. Trump knew he was going to make an announcement that would move the market and then provided a clue to his followers,” she said in a NYT report.

The SEC, which oversees compliance with federal securities laws, declined to comment to the NYT when asked about Trump’s post.

This is not the first time Trump has faced questions over financial dealings.

Before beginning his second term, he drew criticism over the launch of his $TRUMP meme coin.

Reports at the time suggested that select investors, some connected to the Trump Organization, reaped significant profits, with one crypto wallet reportedly making $109 million, according to a New York Times analysis.

White House defends president’s motives

White House officials have denied allegations of misconduct, insisting that Trump’s social media post was intended to steady the markets amid widespread uncertainty.

“It is the responsibility of the president of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fear-mongering,” said Kush Desai, a spokesman for the White House.

Desai accused Democrats of “grasping at straws to play partisan political games” and urged them to work with the administration to strengthen the US economy.

While the White House downplays the controversy, pressure is mounting in Washington for transparency and accountability.

Whether regulators choose to pursue the matter could have far-reaching implications for Trump’s presidency and financial markets alike.

The post Trump’s ‘great time to buy’ post sparks market manipulation claims: calls for probe grow appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Prada acquires Versace in €1.25 billion deal: what it could mean for Capri Holdings’ stock as share price falls
next post
US inflation cools to 2.4% in March as jobless claims rise, easing market jitters

Related Posts

GMS stock jumps 29% on takeover interest from...

June 20, 2025

Japan’s rice price surge: what’s driving it and...

June 20, 2025

Foxconn and Nvidia to deploy humanoid robots in...

June 20, 2025

US stocks climb higher at open: Dow jones...

June 20, 2025

Apollo backs £4.5bn loan for delayed Hinkley Point...

June 20, 2025

Audi weighs $4.6 billion US plant amid tariff...

June 20, 2025

Tesla stock gains ahead of robotaxi launch: analyst...

June 20, 2025

BofA raises STOXX 600 target amid resilient global...

June 20, 2025

XRP price stuck under $3: can it finally...

June 20, 2025

Elon Musk confirms Tesla Robotaxi pilot launching in...

June 20, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Interview: More couples embracing non-monogamy together, often led by women, says Ashley Madison’s Paul Keable

    June 22, 2025
  • Top 4 VOO ETF stocks to watch next week

    June 22, 2025
  • Is Pinterest stock a good buy as the golden cross pattern nears?

    June 22, 2025
  • Top catalysts for Dow Jones Index this week

    June 22, 2025
  • ‘Not constitutional’: Congress evokes new War Powers Resolution to reject Trump’s strikes on Iran

    June 22, 2025
  • Trump addresses nation on ‘spectacular military success’ of US strikes on Iranian nuclear facilities

    June 22, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,567)
  • Editor's Pick (164)
  • Investing (185)
  • Stock (1,015)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Trump Media sues Brazil Supreme Court judge...

February 20, 2025

US stocks climb higher at open: Dow...

June 20, 2025

Best crypto to buy now: Bitcoin Pepe...

May 19, 2025