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Trump’s first 100 days are the worst for the stock market since Nixon

  • During the initial 100 days of Donald Trump's second presidency in 2025, the stock market experienced its weakest performance to start a term since Gerald Ford took office in 1974.
  • This decline occurred amid rising volatility driven by Trump's trade policies, which have injected historic uncertainty into markets and raised investor anxiety.
  • The S&P 500 fell more than 7.8%, shedding about $3.93 trillion in value, while the dollar index dropped roughly 9%, its worst initial presidential performance ever.
  • Chief equity strategist Terry Sandven said, "Policy is overshadowing key fundamentals," and senior partner Kelly Bouchillon noted, "Policy was received so negatively, universally."
  • The market outlook remains uncertain as the trade policies cause global investors to reconsider US exposure, suggesting that challenges could persist throughout the term.
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CNBC broke the news in United States on Monday, April 28, 2025.
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