Trump’s first 50 days mark one of the worst starts for the S&P 500 under any presidency
From Yahoo Finance: 2025-04-02 12:15:00
The Trump 2.0 stock market has had one of the worst starts of any presidency since 1950, with the S&P 500 dropping about 6.4% in the first 50 trading sessions since the inauguration. Only Richard Nixon and George W. Bush had worse starts, while John F. Kennedy, Barack Obama, and Bill Clinton had the best 50-day starts.
Trump is set to unveil new tariffs today after the market closes, with details on whether they will be a universal tariff or sector-based still uncertain. A 25% US tariff on steel and aluminum imports has already taken effect, and other countries like China and Canada have retaliated with their own tariffs.
Market experts fear that the tariffs could further harm the economy and drive stock prices lower, as the full impact may not be fully priced into the markets yet. The potential for tariffs to squeeze the economy has raised concerns among professionals, with some pointing out that stocks have primarily been impacted by a few specific companies rather than the market as a whole.
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