President Trump Welcomes Stock-Market Surge, Consumer Confidence

WASHINGTON (Reuters) -
A screen shows the Dow Jones Industrial Average after the closing bell on the floor of the New York Stock Exchange, Wednesday. (Reuters/Brendan McDermid)

President Donald Trump welcomed a record surge in the stock market on Thursday, a day after the Dow blasted through the 21,000 mark for the first time after his speech to Congress.

“Since November 8th, Election Day, the stock market has posted $3.2 trillion in GAINS and consumer confidence is at a 15-year high. Jobs!” the president wrote on Twitter.

In an address to Congress on Tuesday night, President Trump said he wanted to boost the U.S. economy with a “massive” tax relief and make a $1 trillion push on infrastructure, bets that have helped Wall Street scale fresh records since the election.