Examining the Nasdaq Performance under Trump's Second Term (NASDAQ:QQQ)
Stock Market under Trump's Leadership - Onset of a New Stocks Rally? (Analysis of Technical Factors)
The tumultuous first 100 days of President Trump's second term have drawn to a close. Whirlwind activity and market turbulence left the Nasdaq inching down by a mere 7% from the inauguration day.
For whatever scope of uproar and wild market fluctuations, the Nasdaq's resilience remains impressive. On the flip side, the overall stock market was far from thriving. The S&P 500 took a steep plunge, diving approximately 7.9% within this period - the poorest start for a president since Richard Nixon's second term in 1973[2][4].
Investing a grand in the QQQ ETF at the outset of this administration would've put you in the red, mirroring broader market tendencies. On the bright side, the Nasdaq, in general terms, has sustained losses less than 7% from the inauguration period[1]. The stock market's performance under Trump's second term was shaped significantly by his policies on tariffs and immigration[4].
Despite the turbulent start of President Trump's second term, the Nasdaq showed resilience, experiencing losses less than 7% from the inauguration period, even as the overall stock market struggled. Furthermore, the performance of the Nasdaq, as represented by the QQQ ETF, was influenced by Trump's policies on areas such as tariffs and immigration, influencing the stock-market investing landscape, particularly in technology sectors.
