US President Donald Trump on Friday declared a new stock market record as the S&P 500 index rose for eight consecutive weeks, extending its longest winning streak since 2023.
President Trump announces ‘new stock market record’ in speech society of truth on friday. He noted that the stock market rally is contributing to price discovery in the S&P 500 index, which tracks the performance of the 500 largest publicly traded companies in the United States.
Additionally, the S&P 500 index has risen more than 18% since early April, reaching an all-time high ($ATH) Approximately 7,500 people as of May 22nd.
Since President Trump returned to the White House on January 21, 2025, the S&P 500 has risen steadily despite initial disruption from President Trump’s widespread tariffs. To be precise, the S&P 500 index has risen about 23% since President Trump’s second term in office as of this writing.
The S&P 500 index rebounded to all-time highs. $ATH The fund was launched during President Trump’s second term, with the tariff “emancipation anniversary” bottoming out in April 2025. Moreover, this fund has surged by more than 54% since Liberation Day.
What will happen to the US stock market under President Trump?
As the U.S. stock market recorded a notable rally, Gary Schilling, president of A. Gary Schilling & Co., warned investors about the possibility of a short-term stock market decline, as explained by Finvold. Schilling argued that the stock market is already in a risk-off environment and the current rally could be fueled by an increase in speculators.
But President Trump has repeatedly said the stock market could rise further, especially after the war with Iran ends. Additionally, the S&P 500 index rose more than 46% in his first year in office.
