The stock market gained 2% during Biden's first 60 days. Under Trump the market has tanked 7%

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The stock market gained 2% during Biden's first 60 days. Under Trump the market has tanked 7%

_{//business-finance.news-articles.net/content/202 .. 60-days-under-trump-the-market-has-tanked-7.html}
^{Published in Business and Finance on Friday, June 13th 2025 at 5:00 GMT by Fortune}

The S&P 500, Nasdaq, Dow Jones have all plummeted since President Donald Trump took office in January.

In the first 60 days of Donald Trump's presidency in 2025, the stock market experienced significant declines, with the S&P 500 dropping by 10%, the Nasdaq falling by 15%, and the Dow Jones Industrial Average decreasing by 8%. This downturn was attributed to a combination of factors including heightened geopolitical tensions, particularly with China and Iran, and uncertainty over Trump's economic policies. Investors were particularly concerned about proposed tariffs and trade wars, which led to a loss of confidence and a subsequent sell-off in the market. Additionally, the Federal Reserve's decision to raise interest rates in response to inflationary pressures further exacerbated the market's decline.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/17/trump-stock-market-tanks-sp-500-nasdaq-dow-jones-first-60-days/ ]

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