Trump’s First 100 Days Leaves S&P 500 With Worst Drop Since 1974
The S&P 500 is set for its worst run during a president’s first 100 days since 1974.
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Donald Trump promised Americans a “boom like no other” if they elected him president. But based on the stock market’s performance during his first 100 days in office, it depends on what you mean by “boom.”
The action certainly has been explosive — just not in the way investors were hoping. By April 30, Trump will have closed out his first 100 days in office. Despite last week’s rally, the S&P 500 Index is down about 8% since his inauguration and on track for its worst run during a president’s first 100 days since Gerald Ford in 1974, following Richard Nixon’s resignation.