Trump’s First 200 Days in Stocks

I just read a pretty interesting article that looked at how the stock market has moved in the first 200 days of Trump’s second term. I found it really insightful and wanted to share a quick summary.

 

After 200 days, the market has been volatile, but the $SPX and most major sectors are still up. The S&P 500 has gained 6.6%, a bit below the 9% rise during the same period of Trump’s first term.

 

Looking at sectors, eight of them including Technology, Communication Services, Industrials, Utilities, Consumer Staples, Financials, Materials, and Real Estate are showing gains. In the first term, nine sectors were up, so the difference is small, but some stand out. Communication Services is doing much better now, while Consumer Discretionary and Health Care are clearly underperforming.

 

On the stock level, $PLTR has been a star, up a stunning 160% in the first 200 days. $TSLA  comes second, but it is more than 90 points behind Palantir. Tech companies dominate the winners list, with seven of the top 20 best-performing stocks, more than any other sector. In Trump’s first term, Health Care stocks were the early standouts and Consumer Discretionary stocks had the most top performers. What surprised me is Utilities. Certain utility stocks have delivered solid returns in both terms and are the only ones to appear in the top 20 twice.

 

From my perspective, this data shows that tech stocks remain major beneficiaries under Trump while Consumer Discretionary and Health Care may face more pressure in this term. Utilities are quietly holding steady and could be worth keeping an eye on.