Stock market performance during Trump's second term compared to his first
Axios · September 20, 2026Original source ↗

What happened
The S&P 500 rose nearly 27.6% during the first 20 months of Trump's second term, slightly lower than the 28.5% increase during his first term. Additionally, Trump 2.0's performance trails Trump 1.0 in the Dow Jones Industrial Average and Nasdaq Composite, while surpassing it on the Russell 3000.
Why it matters
Stock market performance is often viewed as an indicator of economic health, influencing public perception and policy.
How this story affects people
How does this story affect you if you invest in the stock market?
The performance of the S&P 500 and other indices can directly impact your investment returns. A lower increase in stock values during Trump's second term may influence your portfolio's growth and affect your financial planning.
How does this story affect you if you are considering retirement?
Stock market performance is often tied to retirement savings and investment strategies. A slower growth rate in the market could affect the value of your retirement accounts and your long-term financial security.
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