New York —
One year after President Donald Trump’s reelection, the US stock market continues to notch record highs.
The S&P 500 has gained 19.6% over the past 12 months, boosted by strong corporate earnings and investors’ enthusiasm about artificial intelligence. Stocks have been remarkably adaptable, defying concerns about a resurgence in global trade tensions and bouts of intense volatility.
To Trump, the market’s gains are a vindication of his policies. The president on October 27 touted stocks’ record highs while speaking to a crowd with Japanese Prime Minister Sanae Takaichi.
“Their stock market today and our stock market today hit an all-time high,” Trump said.
Continue Reading on CNN
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.