Donald Trump’s return to the White House has prompted investors to readjust their equities exposure, as many forecast a positive outlook for US firms.
Trump's second presidency is set to begin on Monday (20 January), after he beat Democratic Vice-President Kamala Harris in the November US election. In the days after Trump was declared the victor, the S&P 500 increased by 3.7% from 5,782.7 to 6,001.3 between 5 and 11 November, according to data from MarketWatch, before reaching a peak of 6,090.2 on 6 December. FundCalibre's Juliet Schooling Latter: US mega caps are at a crossroads On Wednesday (15 January) the index was was trading at 5,949.9 at the close. "With Trump returning to the White House, our base case outlook for US e...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
