02.02.2025 10:06:00
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Wall Street Loves Donald Trump, but This Inherited Risk Can Be the Stock Market's Undoing
For more than two years, Wall Street's bull market rally hasn't disappointed. Last year, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) rose by 13%, 23%, and 29%, respectively, with all three hitting numerous record-closing highs.Catalysts haven't been hard to come by, with excitement surrounding artificial intelligence (AI), stock-split euphoria, a sizable decline in the prevailing rate of inflation, and better-than-anticipated corporate earnings all doing their part.However, the stock market shifted into a higher gear in November after Donald Trump emerged as the victor on election night. While it's crystal clear that Wall Street loves President Trump, an inherited risk threatens to send the Dow Jones, S&P 500, and Nasdaq Composite tumbling.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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