Nasdaq Has Lost More than 3,000 Points Since Trump’s First Full Day in Office in 2025; the Pain Has Barely Begun
By Pam Martens and Russ Martens: April 21, 2025 ~ The clown show in Washington should not divert your gaze from the circus at the Nasdaq stock market. On January 20, 2025, the day that Donald Trump was sworn into office for his second term as President, the stock market was closed in honor of Martin Luther King Jr. Day. On January 21, 2025, Trump’s first full day in office, the Nasdaq stock market closed at 19,756.7793. On Thursday, April 17, 2025 – the final day of trading last week because the stock market was closed for Good Friday on April 18 – the Nasdaq closed at 16,286.4476 – bringing its losses during Trump’s new reign in the White House to 3,470.3317 points or 17.57 percent. (The data comes from Dow Jones’ BigCharts.MarketWatch.com.) There are legitimate questions now being raised as to whether we’re in a tech bubble that’s going to … Continue reading →
Recent comments