By Admin 
The US stock market jumped with the announcement of 90 days break on the tariff from US President Donald Trump. With this, the wealth of the rich of the world increased by $ 304 billion on Wednesday, which is a day’s record in Bloomberg Billionaire Index History. After the huge loss of such a week, the shares of Meta and Tesla have been caused by a jump of about 10%.
It reached 5,456.90 after a rise of 9.52% in S&P on Wednesday, which is a one -day record after 2008. Dow Jones Industrial Average climbed 2.962.86 points with 7.87%, while NASDAQ Composite shares up 12.16%.
Last week, after the announcement of the tariff from Donald Trump, the decline in the stock market and after this surge was seen. However, it was a day to compensate for loss, which in March 2022 broke the record of $ 233 billion in the assets of billionaires one day.
Musk’s assets increase by $ 36 billion
Alan Musk’s company Tesla Inc. has benefited the most from Trump’s tariff break. According to Bloomberg report, the world’s richest Alan Musk’s wealth has increased by $ 36 billion after a 23% jump in EV Maker’s stock. Whereas, Mark Zuckerberg has benefited by $ 26 billion.
After this, the third is the highest grossing Nvidia Corp. K Jensen Huang, whose assets have increased by $ 15.5 billion. The shares of the chip maker have increased by about 19%.
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