The Trump Bull Market Is Near Its Tipping Point, According to More Than 150 Years of History
Bull markets aren't indefinite -- and the stock market rally under President Trump appears to be running on borrowed time.
The Trump Bull Market Is Near Its Tipping Point, According to More Than 150 Years of History
Overview
From a purely statistical standpoint, Wall Street has loved having Donald Trump in the White House. During his first, non-consecutive term, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and tech-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) rallied by 57%, 70%, and 142%, respectively.
While it's normal for the major stock indexes to rise under a sitting president, annualized gains observed under Trump are higher than most other presidents since the late 1890s.
Details
This outperformance has continued into the president's second term. Since Trump's inauguration on Jan. 20, 2025, the Dow, S&P 500, and Nasdaq Composite have risen by 18%, 24%, and 32%, respectively. These gains have been powered by the evolution of artificial intelligence (AI), record S&P 500 share buybacks in 2025, and better-than-expected corporate earnings.
Source
Originally published at www.fool.com.
