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progree

(11,912 posts)
1. "have done badly since Inauguration Day" - and since election day too. The S&P 500 is underwater since both
Sat Mar 8, 2025, 11:36 PM
Mar 8

inauguration day and election day.

S&P 500
it closed Friday March 7 at 5770, up 0.5% for the day,

and down 0.2% from the 5783 election day level,

and down 3.8% from the inauguration-eve level,

and down 1.9% year-to-date,

and down 6.1% from its all-time closing high of 6144 on Feb 19.

More details at: https://www.democraticunderground.com/111699775
which I have been updating most market days

Asked whether the stock market decline was due to his tariffs, Trump said Thursday: “A lot of them are globalist countries and companies that won’t be doing as well because we’re taking back things that have been taken from us many years ago.” https://www.mprnews.org/story/2025/03/06/trump-delays-tariffs-on-most-goods-from-mexico-for-a-month

Trump Team is Pivoting to No Pain, No Gain as Economic Message, Bloomberg, 3/8/25
https://finance.yahoo.com/news/trump-team-pivoting-no-pain-120000646.html
(I don't encounter a paywall on this finance.yahoo - hosted article)

What happened to lowering prices on day 1?

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