Trump bought Apple, Nvidia, tech before tariff reversal fueled rebound

Key Points:

• On April 8, 2025, President Donald Trump made 327 stock purchases, focusing on megacap technology stocks like Apple, Alphabet, Amazon, Microsoft, and Nvidia, amid a market sell-off triggered by his tariff announcement.
• This buying spree was more than five times his daily average and occurred during a four-day market decline of over 12%, with the S&P 500 nearing bear market territory.
• Following Trump's social media post urging investors to buy and his announcement to roll back some tariffs on April 9, the S&P 500 surged nearly 9.5%, marking one of its best single-day gains and eventually rising about 50% since April 8.
• The White House stated Trump's assets are managed by independent third-party financial institutions in discretionary accounts, denying conflicts of interest, while Trump himself claimed he does not personally manage his trades.
• The sharp rebound in the targeted tech stocks after the tariff rollback highlighted the significant market impact of Trump's policies and personal investments, with companies like Apple and Nvidia experiencing substantial single-day gains.