US markets are bouncing back on 'fake news' about Donald Trump, considering interrupting US rates'; White House refuts claims | Einsmark news

The US stock markets have briefly recovered before falling over a “fake news” report on Monday, April 7, claiming that Donald Trump is considering posting a ‘break’ on the US rates for a 90 -day period, several media outlets reported. In response to the development, White House press secretary Karoline Leavitt refuted the claim and said the heading was “fake news”. The claim comes from the reference to the comments of the Director of the National Economic Council, Kevin Hassett. Debate on social media a user on social media, Walter Bloomberg, shared the development on platform X and started a social media debate over Trump rates. The post was later deleted after the White House refuted the claims. Several media agencies have reported this development, referring to the news portal CNBC in their report. “This tweet, which may have cost people a lot of money, has now been deleted,” said a social media user named Hadas Gold. The original social media post that caused the debate on the platform X on Monday, April 7. Many Netizens question the authenticity of the news, to which Walter Bloomberg mentioned Reuters for the report. “Hassett: Trump is considering a 90 -day break in rates for all countries except China -CNBC,” the Reuters news agency reported, which CNBC quoted as the source. While the White House rejected the demands, President Donald Trump also repeated his position on the ongoing tariff war between the United States and other world countries. He said that, despite the broader market accident, he was not going to “bend” his rates. “Rates are falling, oil prices are falling, deregulation is happening. President Trump is not going to bend …” Trump said in his post about Truth Social. US market accident Wall Street opened on Monday due to high sales pressure amid an overall global stock market accident. The benchmark index, the Dow Jones industrial average, dropped nearly 1400 points at the Open, but briefly recovered before falling again on April 7. After the ‘fake news’ emerged, the US markets got some land, with the Dow Jones recovering to 39,200 points, the Nasdaq to 16,262.70 points, and the S&P 500 to 5,243,99999999999999 this. But once the White House rejected the news as false, the indexes continued their trend. Currently, the Dow Jones industrial average is trading 1.78 percent lower at 37,667.20 points from 12:24 pm (EDT), compared to 38,314.86 points on the previous market. The technical heavy Nasdaq trades 1.17 percent lower at 15,413.62 points, compared to 15,587.79 points on the previous market. The S&P 500 was also dropped by 1.18 percent at 5,014,33 points, compared to 5,074.08 points, on Friday’s stock market. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.