Is the Stock Market Going to Soar Under President Donald Trump (as It Did During His First Term)? Here's What History Has to Say.

When the chapter closed on 2024, investors had every reason to cheer. Last year, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) respectively finished higher by 13%, 23%, and 29%, with all three indexes reaching numerous record-closing highs.Catalysts have been abundant for Wall Street, with the rise of artificial intelligence (AI), excitement surrounding stock splits, better-than-expected corporate earnings, and Donald Trump's November victory lighting a fire under equities. During the former president's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite rocketed higher by 57%, 70%, and 142%, respectively.With Trump set to make history as only the second president to serve nonconsecutive terms, the million-dollar question becomes: Can the stock market soar again with Trump at the helm?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool