Trump’s first 100 days is the worst in the stock market after Nixon.
US President Donald Trump is on the television screen on April 7, 2025, as the trader worked on the bottom of the New York Stock Exchange (NYSE) in New York City.
Spencer Plat | Getty image
President Donald Trump’s first 100 days is the worst in the stock market, where the president’s four -year term begins after the 1970s.
According to the CFRA study, the 7.9% drop in the S & P 500’s 7.9% decline since the Trump of S & P 500 vowed from January 20 to April 25 is the second 100 -day performance that dates back to President Richard Nixon’s second term. NIXON saw 9.9% 9.9% of S & P 500 rotation in 1973. A series of economic measures resulted in a recession from 1973 to 1975. Nixon later resigned in 1974 because of the water gate scandal.
On average, the CFRA said that the S & P 500 rose 2.1% from the post -data that was conducted from 1944 to 2020 during the first 100 days of the president, CFRA said.
The seriousness of stocks to start Trump’s position was significantly contrasted with the early days of the November election. The S & P 500 has soared to an all -time high with confidence that all businessmen have a lot of hope in tax cuts and deregulation. According to CFRA data, S & P 500 developed 3.7%from election day to inauguration day.
The rally jumped rapidly, promoting other campaign promises that Trump used initial days in the office, and other campaign promises, especially many concerns, and other campaign promises to push the United States into a recession.
In April, the S & P 500 lost 10%in two days in accordance with Trump’s “mutual” tariffs and entered the bear market territory for a while. Trump walked back part of the announcement and provided nations with a 90 -day suspension transaction to calm investors’ concerns. Many people are worried that there are bigger disadvantages in the future.
Jeffrey Hirsch, an editor of the stock Trader, said, “Everyone is looking for this floor.” I still think that’s the type of bear market rally and short -term bounce. I am not sure that we are still out of the forest due to lack of clarity in Washington and continuous uncertainty. “
S & P 500 since January 17
The S & P 500, which reached 6,144.15 closure on February 19, ended with 5,525.21 Friday. Since November, profits have been erased after all elections.
Certainly, Trump has two more days to reduce losses. His first 100 days technically ends on Tuesday. If there was an S & P 500 rally this week, he could be closer to the third worst, which was 6.9% reduced by 6.9% in the first 100 days of George W. BUSH in 2001.
CNBC’s GABRIEL CORTES has contributed to this report.
