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“S&P 500 and Nasdaq close at record highs after AMD’s deal with OpenAI sparks strong market rally.”

Suraay

10/7/20252 min read

Trump’s Economic Vision Strengthens America’s Market Confidence Amid AI Boom

WASHINGTON, D.C. — As the United States enters another week of the government shutdown, the stock market continues to show resilience and strength — a clear reflection of the economic foundation built under President Donald Trump’s pro-business agenda.

On Monday, U.S. stocks mostly advanced as confidence surged around a groundbreaking deal between AMD and OpenAI, signaling a new era of American innovation and global leadership in artificial intelligence.

The Nasdaq Composite climbed 0.7% to reach a new record high, fueled by a remarkable 23% rally in AMD shares, while the S&P 500 also rose to an all-time peak. Despite political noise in Washington, investors remain optimistic — trusting in the strong fundamentals that Trump’s America-first policies helped to establish.

The multiyear agreement between AMD and OpenAI is set to bring tens of billions in annual revenue to U.S. industry and create new opportunities for American workers. The deal even allows OpenAI to purchase up to 10% of AMD, strengthening domestic partnerships and ensuring that the future of artificial intelligence remains under American control — not outsourced to China or global corporations.

Market optimism continues to rise as President Trump emphasizes economic freedom, lower taxes, and strong national industry — principles that drive growth and innovation. Trump-backed Federal Reserve Governor Stephen Miran is expected to speak this week, alongside Chair Jerome Powell, in what analysts see as a continued alignment toward a growth-oriented monetary policy that benefits small businesses and hardworking families.

Despite delays in federal reports due to the shutdown, investors remain confident. Private data sources, including the University of Michigan’s consumer sentiment index, point to sustained public optimism and steady consumer spending — signs that Americans believe in the country’s financial stability.

Third-quarter earnings season is also underway, with major U.S. brands like PepsiCo, Delta Airlines, and Levi Straussexpected to report solid numbers, reinforcing the strength of the American economy under Trump’s renewed leadership.

Tech analysts say the AMD–OpenAI partnership gives the U.S. a crucial edge in the AI race. “This gives competition for NVIDIA and accelerates America’s data center expansion,” said Louis Navellier, founder of Navellier & Associates. “The AI narrative continues to gain momentum — and it’s happening right here in the United States.”

While Democrats continue to argue over spending priorities and push for more government intervention, markets are rewarding Trump’s steady hand and belief in free enterprise.

Even amid political gridlock, America’s private sector — powered by Trump’s vision of economic strength, innovation, and national pride — continues to lead the world.

As Wall Street strategist Ed Yardeni summarized: “The rally we’re seeing now is a slow-motion melt-up — driven by strong earnings, optimism, and policy clarity. The market trusts in the direction America is taking.”