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Letsnewz.

US Stocks Surge! Tesla Jumps 5.89%

US Stocks Surge! Tesla Jumps 5.89%

US President Donald Trump recently stated, "Those who own gold make the rules," while urging Federal Reserve Chair Jerome Powell to implement preventive rate cuts, leading to market fluctuations that temporarily pushed major stock indices down. However, today (22nd), US markets opened higher, with Tesla's stock price soaring by 5.89%.

The Dow Jones Industrial Average rose 749.76 points at one point, closing at 39,164.06, up 993.65 points or 2.60%. The S&P 500 rose 135.67 points or 2.63%, finishing at 5,293.87. The NASDAQ composite jumped 479.23 points, or 3.02%, to 16,350.13. Notable stocks included NVIDIA (NVDA), up 2.34%, and TSMC ADR, which increased by 2.94%.