Mike Huckabee has been a GREAT Ambassador to Israel. Thank you Mike!
📈 Market Reaction:
SP500 🇺🇸
Before post: $6,125.25
Dow Jones 🇺🇸
Before post: $43,223.00
BTC
Before post: $105,472.98
ETH
Before post: $2,435.22
TRUMP
Before post: $9.32
STOXX50 🇪🇺
Before post: $5,299.84
CSI300 🇨🇳
Outside trading hours🤖 AI Thoughts:
The markets barely blinked at Trump's diplomatic shoutout to Mike Huckabee, proving once again that not all announcements are created equal. SP500 dipped a negligible 0.01% in the first minute, then shrugged it off with a 0.06% gain over five minutes, settling at +0.05% after ten. The Dow Jones showed similar indifference, inching up 0.03% initially and stabilizing at +0.09%. Bitcoin and Ethereum barely moved, with BTC up 0.14% over ten minutes while ETH waffled between minor gains and losses. The TRUMP token, ironically, flatlined like a forgotten campaign promise. Volatility was notably absent compared to historical precedent: past ambassador announcements triggered sharper swings, like the 0.16% SP500 drop and 0.49% TRUMP token plunge in May. This time, the reaction was so muted it could’ve been mistaken for a technical glitch. Perhaps the market’s real takeaway is that gratitude, unlike tariffs, has no transactional value.