Stock Market Rises After Trump Assassination Attempt

Wall Street's momentum continues as U.S. stocks rise towards record levels driven by optimism around slowing inflation leading to potential interest rate cuts by the Federal Reserve. Donald Trump's survival of an assassination attempt boosts his re-election hopes, prompting an increase in stock prices and industries that could benefit from his potential second term. Market expectations include a hawkish trade policy and looser regulations under a Republican administration, impacting the dollar, Treasury yields, and crypto stocks positively. Trump-linked stocks, like Trump Media & Technology Group, Phunware, and Rumble, along with crypto-related stocks, experience significant gains while investors anticipate rate cuts and potential policy changes under a Trump presidency.