The S&P 500 Rose 27.6% in the First 20 Months of President Trump's Second Term, Close to the 28.5% Gain Over the Same St

Donald Trump was inaugurated as President for his second term on Jan. 20, 2025. Over the subsequent 20 months, the S&P 500 (SNPINDEX: ^GSPC) rose 27.6%. During that same 20-month stretch of Trump's first term, from January 2017 to September 2018, the S&P 500 gained 28.5%. What can this tell us about how the upcoming midterm election might affect the stock market? That's the wrong question. The real lesson here is: Most of the time, the stock market goes up no matter who's in charge in Washington, D.C.

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