Trump promised a markets boom. 100 days in, stocks have only seen damage.

Donald Trump's promise of a "boom like no other" during his presidency has proven elusive, as U.S. markets have instead endured a sharp decline over his first 100 days in office, with the S&P 500 Index currently on track for its worst performance since Gerald Ford’s presidency. Initially boosted by trade policy changes, including tariffs and subsequent suspensions, coupled with heightened tensions against China, the market has swung widely in unpredictable directions, signaling a mixed economic message that didn’t align with Trump’s optimistic vision.