Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The president -elect Donald Trump walks to the floor of the New York Stock Exchange (NYSE) with his wife Melania, after being appointed “Person of the Year” of Time for the second time on December 12, 2024 in New York City.
Spencer Platt | Getty images
He S&P 500 Now he has lost all his profits after the election as president Donald Trump dismayed some investors who expected that they were only faractuating and instead lit a Commercial War.
The index fell to a minimum of 5,732.59 on Tuesday Broad Market Sell-offwell below the closure of 5,782.7 the day of the elections, November 5. During noon, the reference point remained below that level.
The S&P 500 has now renounced all its profits after the election.
Investors originally adopted Trump’s victory, since the S&P 500 jumped 2.53% on November 6 on the deregulation of hopes and tax cuts would exceed any tariff impact. In its peak, the S&P 500 closed to 6,144.15 on February 19, which puts the total earnings after the election at 6.25%. The profits began to be called Trump’s “blow” on Wall Street.
The S&P 500 has now dropped 2% by 2025 and the Nasdaq compound index is in correction territory.
Some of the sectors that many investors and strategists expected to benefit under Trump are also low from the elections.
He SPDR Fund of the Industrial Selection Sector (XLI) It has fallen more than 3% since the day of the elections. He SPDR Fund of the Select Select (XLE) sector More than 4%has slipped. The little cap Russell 2000 – which jumped 5.84% on November 6 – has dropped approximately 9%.
One called “Triumph“That is still updated is banking actions, with the Financial Financial Sector Fund (XLF) It still rises more than 6% from the day of the elections. However, that sector fell more than 3% on Tuesday.
The decrease occurs when Trump administration rate plans begin to enter into force. While Trump raised the tariffs in his first period in the White House and campaigned in 2024 for raising them again, many strategists and investors of Wall Street have been skeptical that the levies will be completely implemented.
However, tariffs on Mexico, Canada and China entered into force on Tuesday. Canada and China have already announced retaliation measures, and Mexican president Claudia Sheinbaum said her country will do the same this weekend.
The United States Secretary of the United States, Howard Lutnick, said about “Box“On Tuesday, current tariffs are related to concerns about the fentanil that crosses the border and that the United States still plans to announce broader measures in April. The Canadian Prime Minister, Justin Trudeau, retreated against the justification of the fentanil, qualifying it” totally false. “