Trump's First 100 Days Are on Pace to Be Worst for Dow, S&P 500 Since Nixon -- WSJ

Dow Jones
Yesterday

By WSJ Staff

Tuesday marks the 100th day of Trump 2.0. While the president may be celebrating on Truth Social, the period looks set to be the worst start for stocks to a president's term since the 1970s:

-- The Dow Jones Industrial Average has dropped 7.1% since Inauguration Day on Jan. 20. If it holds those losses through today, this will have been the worst start to a presidency since the start of Richard Nixon's second term in 1973.

-- The S&P 500 is down 7.6% in that period and is also on track for its worst first 100 days since Nixon's second term, according to Dow Jones Market Data.

-- The tech-heavy Nasdaq Composite is down more than 11%, putting it on pace for the worst start to a presidency since George W. Bush's first term in 2001.

-- The Russell 2000 gauge of smaller stocks is down more than 14%. That puts it on pace for the worst first 100 days on record.

Note: Our data excludes presidents who assumed office via succession, such as Gerald Ford in 1974.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 29, 2025 11:33 ET (15:33 GMT)

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