India, July 7 -- In the first of its kind gesture, President Donald Trump on Monday rang the opening bells of both the New York Stock Exchange and NASDAQ from the Oval Office.
It also marked the official launch of Trump Accounts, a stock market index investment account for U.S. children.
Speaking on the occasion, Trump said, "With the ringing of the opening bell for the stock market, [Trump Accounts] will now begin to grow right along with our booming economy. Between individual contributions and the seed funds, $800 million in new capital will be invested in the stock market for America's children this week."
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