Wall Street Under Trump.. 100 Days of Disappointment and Confused Markets
The first hundred days of President Donald Trump's second term represented one of the worst starts that Wall Street has seen since the 1970s, in stark contrast to his promises of achieving a significant leap in the stock market.
At the beginning of the year, optimism prevailed among investors in the American markets, driven by Trump's statements regarding expected regulatory relief and tax cuts aimed at stimulating economic activity.
However, this optimism quickly dissipated, as the markets witnessed a sharp decline of 7.8% in the S&P 500 index during the period from January 20 until the close of Monday's session, due to escalating trade tensions.