According to the Wall Street Journal, since Trump's return to the White House last year, despite market volatility following his "Liberation Day" tariffs last spring and the ongoing war between the US and Iran initiated by him earlier this year, the US stock market has consistently demonstrated resilience. From the close of trading the day before Trump's inauguration to last Friday's close, the S&P 500 rose by 30% (including dividend income), boosting the average balance of US 401(k) retirement savings plans and Individual Retirement Accounts (IRAs). In July of this year, the US government began contributing $1,000 to babies born between January 1, 2025, and December 31, 2028, whose parents opened "Trump Accounts." The account funds are initially invested in the State Street SPDR S&P 500 ETF. From the launch of the Trump Accounts to last Friday's market close, the ETF rose by 2.7% (including dividend income).
