President-elect Trump rings the opening bell at the New York Stock Exchange in New York City.
On Thursday, President-elect Donald Trump rang the opening bell at the New York Stock Exchange.
The Republican built his fortune as a real estate investor in New York before turning to politics. During his first term as president, he measured his success in part by the strength of the stock market, which has so far welcomed his re-election.
The ringing of the bell signifies the beginning or closing of the trading day on the world’s largest stock exchange, and is considered an honour. Historically, this law was reserved for corporate executives celebrating an initial public offering or other major corporate milestones, but celebrities and politicians like Ronald Reagan, Nelson Mandela, and Arnold Schwarzenegger have also done it.
Reuters contributed to this report.
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