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Trump: Masayoshi Son announces $100B investment in the US over 4 years

  • Will help ensure emerging technology will be developed in the US
  • Masayoshi Son and Softbank Group to invest $100B in the US over 4-years
  • Confidence level in the US is high

The US stocks are showing gains with the S&P and the Nasdaq leading the way:

  • Dow up 7.57 points or 0.02%
  • S&P up 25.50 points or 0.43% at 6076.99
  • Nasdaq up 182.47 points or 0.91% at 20108.24

The small cap Russell 2000 is up 15.67 points or 0.67% at 2362.47.

The US yields are now marginally higher:

  • 2-year 4.249% up 0.8 bps
  • 5 year 4.257%, up 0.9 bps
  • 10 year 4.406%, up 0.8 bps
  • 30 year 4.624%, up 1.1 bps

Trump adds:

  • Proposals being considered include Federal workers who don’t return to the office should be dismissed.
  • WIll keep promise to pass historic tax cuts

This article was written by Greg Michalowski at www.forexlive.com.

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