All major U.S. stock market indexes opened in the green Wednesday morning off the heels of President Donald Trump’s first State of the Union address Tuesday night.
The Dow Jones Industrial Average, the NASDAQ and the S&P 500 posted marked gains at the opening bell Wednesday. The Dow topped 200 points, the NASDAQ over 50 points and the S&P 500 over 15 points.
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Wednesday’s opening is more in-line with how the market has performed since Trump took office. The Dow spiked roughly 8,000 points since the November 2016 election and the S&P and NASDAQ have followed suit, respectively.
The market has gained between $4 and $6 trillion in capitalization in Trump’s first year, well over the gains in Obama’s first year.
AAN Staff
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