President Trump's early tenure has been marred by poor stock market performance, with the S&P 500 dropping 7.9% in his first 100 days. This decline is the second worst among elected presidents since Richard Nixon's term, which saw a 9.9% drop. Several factors contributed, including Trump's aggressive tariff announcements and a subsequent market recovery. Despite these challenges, there is still time for potential recovery as Trump approaches the official end of his first 100 days in office.
CFRA tracked the performance of the S&P 500 for presidents dating back to Harry S Truman, revealing Trump's first 100 days had the worst start since the 1970s.
Trump's 7.9% drop in the S&P 500 is the second worst first 100 days performance since Nixon's term, highlighting significant economic challenges.
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