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Trump's promise of "unprecedented prosperity" is still fresh in memory, yet the U.S. stock market has been left battered and bruised in his first 100 days in office.
Donald Trump promised that if he was elected President of the USA, he would lead Americans to unprecedented prosperity. However, judging by the performance of US stocks in the first 100 days of his presidency, this 'prosperity' is open to interpretation. The market's experience during this time can certainly be described as explosive, but it has not unfolded as investors expected. April 30 marks 100 days since Trump took office. Despite the recent increase, the S&P 500 Index has fallen about 8% since Trump's inauguration, which is set to become the worst performance of US stocks within the first 100 days of a president since Gerald Ford took over the White House in 1974.
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