Or these FACTS.......the trump term2
ChatGPT said:
Between
November 2024 and April 21, 2025, U.S. stock markets experienced significant volatility, marked by record highs followed by a sharp downturn triggered by new trade policies. Here's a detailed overview:
November 2024: Market Peaks
- S&P 500: Achieved its best monthly performance of 2024 with a 5.7% gain, closing at an all-time high on November 29. S&P Global+1StatMuse+1
- Dow Jones Industrial Average (DJIA): Rose by 7.3%, marking its strongest month since 2024. S&P Global+2StatMuse+2StatMuse+2
- Nasdaq Composite: Also posted significant gains, contributing to the overall market rally.
The surge was driven by post-election optimism following President-elect Donald Trump's victory, with broad gains across sectors, notably in consumer discretionary and financials.
S&P Global
December 2024 – January 2025: Market Correction
- S&P 500: Experienced a 2.62% decline in December, followed by a modest 0.79% increase in January. StatMuse
- DJIA: Dropped 5.3% in December and 0.85% in January, reflecting investor caution amid emerging economic concerns. StatMuse
February – April 2025: Trade Policy-Induced Crash
- April 2, 2025: President Trump announced sweeping tariffs—10% on all imports, with higher rates on specific countries—termed "Liberation Day." Wikipedia+1Wikipedia+1
- Immediate Market Reaction:
- S&P 500: Plunged 6.65% on April 3 and an additional 5.97% on April 4. Wikipedia
- Nasdaq Composite: Fell 5.8% on April 4, entering bear market territory. Wikipedia
- DJIA: Dropped over 4,000 points within two days, marking a 9.48% loss. Wikipedia+1Wikipedia+1
The market downturn erased over $6.6 trillion in value, representing the largest two-day loss in history.
Wikipedia
The market downturn erased over $6.6 trillion in value, representing the largest two-day loss in history. Wikipedia