In the first 100 days of President Trump's presidency, financial markets experienced extreme volatility, marked by a significant decline of the S&P 500 by 9 percent and over $6.5 trillion lost in public company value. This downturn exceeded the catastrophic beginnings of past presidencies, illustrating a sharp contrast to the solid economy inherited from the Obama administration. The chaos initiated on April 2 with Trump's sweeping tariffs provoked immediate reactions from Wall Street, leading to a tumultuous two-day drop over 10 percent that mirrored past financial crises.
One hundred days of President Trump led to a tumultuous financial market, with over $6.5 trillion lost in public company value, marking one of the worst starts to a presidency.
The swift implementation of sweeping tariffs by Mr. Trump on April 2 triggered widespread volatility, with the S&P 500 seeing a notable tumble of over 10 percent.
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