President Donald Trump disclosed making 327 stock purchases on April 8, 2025, one day before he publicly declared it was a "GREAT TIME TO BUY!!!" and announced a partial retreat from his sweeping tariff plan that sent U.S. stocks soaring, according to CNBC's analysis of newly released financial disclosure reports.
The disclosures show Trump purchased shares in hundreds of companies as financial markets tumbled following his "Liberation Day" tariff announcement, which triggered sharp losses on Wall Street and heightened concerns about a global trade war.
The following day, Trump wrote on social media that it was a "GREAT TIME TO BUY!!!"
Hours later, he announced a 90-day pause on some tariffs, sparking one of the biggest one-day rallies in recent market history. The S&P 500 climbed about 9.5%, while the Nasdaq Composite surged more than 12%.
According to CNBC's analysis, Trump's purchases were concentrated in large technology companies that rebounded sharply after the tariff pause.
The transactions included shares of Apple, Alphabet, Amazon, Microsoft, and Nvidia, all of which posted strong gains during the rally.
The financial disclosure reports do not reveal the exact time the trades were executed or the precise value of each purchase. Under federal disclosure rules, officials report transactions within broad dollar ranges rather than exact amounts.
The filings are likely to renew questions about the timing of Trump's investments and public statements.
Asked by NBC about the filings and who was handling Trump's investments, the White House referred to a post on X from Eric Trump, which said in part: "Neither President Trump, his family, nor The Trump Organization has any role in selecting, directing, approving, influencing or soliciting specific investments. They receive no advance notice of trades, cannot alter or override the managers' strategies or models, and provide no input regarding investment decisions or portfolio operations."
Trump announced the tariffs on April 2, calling the effort "Liberation Day" and arguing the new duties would encourage domestic manufacturing and reduce trade imbalances. The move triggered several days of steep market declines as investors worried the tariffs would slow economic growth and increase costs for businesses and consumers.
On April 9, Trump announced a temporary pause on some tariffs, reversing course after days of market turmoil. The decision fueled a broad rally across U.S. equities.
CNBC reported that Trump's April 8 purchases were unusually broad, spanning hundreds of companies across multiple sectors, though the buying was heavily weighted toward large-cap technology stocks that benefited from the rebound.
The newly released disclosures provide one of the most detailed public accounts to date of Trump's stock purchases during one of the most volatile periods of his second term, as tariff policy drove sharp swings in financial markets.