Trump Calls Market Dip 'Peanuts', Forecasts Historic Rally - SPDR Dow Jones Industrial Average ETF (ARCA:DIA)
Benzinga·2026-01-21 17:48

Group 1 - President Trump predicts that the Dow Jones Industrial Average could reach 50,000 and suggests the stock market may double in a relatively short period of time [1] - The Dow traded at 48,819.98, reflecting an increase of 331.39 points or 0.68% as of Wednesday morning [2] - U.S. equities rebounded on Wednesday after a decline on Tuesday, which was influenced by Trump's trade stance towards Europe [3] Group 2 - The S&P 500 experienced a decline of 1.5% on Tuesday, marking its worst session since late November, due to Trump's tariff threats against several European countries [3] - Energy stocks led the gains on Wednesday, with the Energy Select Sector SPDR Fund increasing by 2.5% [4] - Intel Corp. was the top performer among mega-cap stocks on Wednesday, surging by 10.4% [4]

Trump Calls Market Dip 'Peanuts', Forecasts Historic Rally - SPDR Dow Jones Industrial Average ETF (ARCA:DIA) - Reportify