The president of the United States, Donald Trump, is shown on a television screen while merchants work on the floor of the New York Stock Exchange (NYSE) on April 7, 2025 in New York City.
Spencer Platt | Getty images
The first 100 days of President Donald Trump in office are the worst for the stock market for the start of the four -year period of a president since the 1970s.
The S&P 500s 7.9% falls since Trump was sworn in the position on January 20 until the closing of April 25, the second sausage is the first 100 -day performance that dates back to the beginning of President Richard Nixon’s second mandate, according to Cfra’s investigation. Nixon saw that the S&P 500 knocked down 9.9% in 1973, after a series of economic measures that touched to combat inflation, resulted in the recession from 1973 to 1975. Later, Nixon would resign in 1974 due to the Watergate scandal.
On average, the S&P 500 increases 2.1% in the first 100 days for any president, in the data or post -election data from 1944 to 2020, Cfra showed.
The severity of the reduction of actions to initiate the presidency of Trump contrasts with the initial euphoria after its November electoral victory, when the S&P 500 rose to historical maximums in the midst of the confidence that the former brings. From the day of the elections to the day of the inauguration, the S&P 500 advanced 3.7%, according to the data of CFRA.
The rally crashed and then abruptly lordly when Trump used his first days in office to boost the promises of the Fort campaign that investors had less serious tasks, with a aggressive approach to trade that the invitation and pushed badly will increase.
In April, the S&P 500 tok to Nossedive, losing 10% in just two days and the letters enter the territory of the Bear market, after the announcement of the “reciprocal” rate of Trump. Trump then retreated part of that announcement, giving country a 90 -day tarus to renegotiate agreements, which calmed some of the investor groups. Many care, there is more inconvenience ahead.
“Everyone is looking for this fund here,” said Jeffrey Hirsch, editor of the Almanac of the Shares Merchant. “I am still thinking that it is a rally of the bearish market, a short -term bouncing child of things. I am not convinced that we are still out of the forest, with the lack of clarity and the continuous uncertainty in Washington.”
S&P 500 from closing on January 17.
The S&P 500, which reached a maximum closing of 6,144.15 on February 19, ended on Friday at 5,525.21. He has deleted all the profits after the election since November.
Without a doubt, Trump has two more negotiation days to reduce his losses. Its first 100 days technically end on Tuesday. If the S&P 500 manifestations this week, could approach the third beginning of sausages: the duration of 6.9% of the decrease of the first 100 days of George W. Bush in 2001.
