The influence extends beyond equities, with oil prices and other commodities also reacting to developments tied to geopolitical signals from Washington.
For market watchers, the trend reflects a shift where daily commentary, rather than traditional economic indicators, is driving short-term direction.
“I have never seen a market that’s been this moved by chatter coming out of the White House on a daily basis,” said Ed Yardeni, President of Yardeni Research, Inc.
