Stocks have risen 16% during President Trump’s first year back in office, with the S&P 500 climbing since Jan. 20, 2025. Despite concerns over trade wars and inflation, the market has remained resilient, hitting record highs. The broader U.S. economy has been expanding faster than expected, with GDP showing growth of 2.5% or more in 2025. Unemployment is at 4.4%, but slower job growth may affect wages and consumer confidence. Inflation stood at 2.7% in December. Trump’s fiscal policies, including the One Big Beautiful Bill Act and affordability initiatives, could impact the economy positively. However, investors are now focusing on the 2026 midterm elections, historically known for market volatility. The opening weeks of 2026 have seen stocks struggle amid geopolitical tensions and concerns over the Fed’s independence. U.S. stocks finished lower last week. Markets will be closed on Monday for MLK Day.

Read more at Yahoo Finance: S&P 500 has gained 16% in Trump’s first year back in office. How that compares with other presidents.