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Trump Market Moves Raise Insider Trading Concerns

Wall Street Journal Markets •
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President Trump's sudden policy shifts have consistently been preceded by unusual trading activity in financial markets. Most recently, mysterious trading in oil and S&P 500 futures occurred about 15 minutes before his Truth Social post announcing de-escalation with Iran, causing oil prices to plummet and stocks to surge.

Critics immediately suspected insider knowledge, with Sen. Chris Murphy calling it "mind blowing corruption." White House spokesman Kush Desai denied any wrongdoing, stating federal employees are bound by ethics guidelines and dismissing the allegations as "baseless and irresponsible reporting."

Despite no concrete evidence of leaks, market veterans believe information may be leaking from Trump's orbit before official announcements. The March 23 incident where trades preceded his Iran strike postponement adds to concerns that someone with advance knowledge is profiting from presidential decisions that move billions in market value.