President Donald Trump’s first 100 days in office have marked the worst start for the stock market since the 1970s, according to CNBC. The S&P 500 fell 7.9% during Trump’s first 100 days in office, marking the second worst start to a presidency since Nixon’s second term, according to CFRA Research. In 1973, Nixon oversaw a 9.9% decline as economic measures to fight inflation triggered a recession. The stock market's sharp decline during Trump’s early presidency contrasted with the postelection surge, when the S&P 500 rose 3.7% on hopes for tax cuts and deregulation, according to CFRA.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump's first 100 days in office have marked the worst start for the stock market since the 1970s, according to CNBC.
00:09The S&P 500 fell 7.9% during Trump's first 100 days in office,
00:14marking the second worst start to presidency since Nixon's second term, according to CFRA research.
00:20In 1973, Nixon oversaw a 9.9% decline as economic measures to fight inflation triggered a recession.
00:27The stock market's sharp decline during Trump's early presidency contrasted with the post-election surge
00:32when the S&P 500 rose 3.7% on hopes for tax cuts and deregulation, according to CFRA.
00:39For all things money, visit Benzinga.com slash GSTV.