Post-Election Performance of U.S. Stock Market

Following Trump's re-election on Nov 5, 2024, the U.S. stock market initially surged, buoyed by investor optimism about his pro-business policies. The NASDAQ, NYSE Composite, S&P 500, and Dow Jones Industrial Average all saw significant gains as confidence in economic growth and deregulation drove market enthusiasm.

However, this upward trend seems short-lived. The announcement of tariffs on imports from Canada, Mexico, and China, along with hikes in steel and aluminum tariffs, introduced volatility. China's retaliatory measures and Walmart's warning about the impact of inflation and tariffs in 2025 further exacerbated market instability. Additionally, the release of DeepSeek and its implications for the tech sector also briefly added to the uncertainty. As of March 12, 2025, the cumulative returns of these indices reflect a mixed and uncertain outlook.