Friday, April 28, 2017

Trump First 100 Days Lifts Stocks

Trump First 100 Days, stock market, business, finance

Trump First 100 Days, stock market, business, finance

The first 100 days of Donald J. Trump as president has registered the biggest stock market rise of any president since the 1980s. In Trump first 100 days, the Standard & Poor’s 500-stock index has risen about 5% in what supporters have called a “Trump bump.”

Only George Bush enjoyed a bigger stock market rise, with the index gaining 7.7% in his first 100 days as president in 1989 amid a 15-year low in unemployment and efforts to shore up the battered savings-and-loan industry.

Barack Obama’s first 100 days in the White House, the S.&P. rose just 2.8%. Under George W. Bush, it fell 7.3%. Under Bill Clinton, it rose 0.9%. Under Ronald Reagan, it fell 1%.

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