President Donald Trump Just Proclaimed "Everybody's Profiting" From the Stock Market, but He'll Likely Regret This Remark in Short Order
Historical precedent would like a word with the president...
Overview
From a statistical standpoint, President Donald Trump in the Oval Office and outsize stock market returns have gone hand in hand. During his first, non-consecutive term (Jan. 20, 2017 – Jan. 20, 2021), the time-honored Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and innovation-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 57%, 70%, and 142%, respectively.
President Trump's second term has been something of an encore performance. The Dow reached an all-time high earlier this month, while the S&P 500 and Nasdaq Composite powered to record closes in June.
Details
A laundry list of catalysts has lifted the broader market to new heights, including the evolution of artificial intelligence (AI), initial public offering euphoria, and record S&P 500 share buyback activity in 2025.
Source
Originally published at www.fool.com.
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