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Home»Analysis»Dow earns 250 points, Bitcoin recovers $ 100,000 after Trump promoted British trade
Analysis

Dow earns 250 points, Bitcoin recovers $ 100,000 after Trump promoted British trade

May 8, 2025No Comments
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The markets flashed green Thursday while trade tensions were spread out after confirmation of a trade agreement between Washington and London.

The industrial average of Dow Jones earned 254 points, 0.62%, while the S&P 500 has slightly delayed with a gain of 0.58%. The Nasdaq outperformed, climbing 1.07%. Alphabet actions also increased after the company has published a report indicating that its research traffic remains solid, despite previous complaints from an Apple framework according to which the use of the search for safari is decreasing due to the increase in the adoption of AI.

Bitcoin (BTC) exchanged above the $ 100,000 mark for the first time since early February.

Commercial deal “in the coming weeks”

Investors were in the mood to buy while US President Donald Trump confirmed that a trade agreement with the United Kingdom could be finalized “in the coming weeks”. The agreement – The first of its kind since the Trump administration has imposed generalized prices on trading partners – has fueled optimism that the era of steep prices could be temporary.

Boeing Stock earned almost 4%, stimulated by the news that the agreement includes an order of $ 10 billion for London Boeing aircraft.

Trump also alluded to what he described as “the biggest tax reductions in history”, predicting that the American economy “would hover like a rocket”.

The United States Secretary of the Treasury Scott Bessent and Trade Representative Jamieson Greer should meet their Chinese counterparts in Switzerland during the weekend to discuss commercial and economic issues.



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