Entire Trump Stock Market
Rally Has Been Erased After the Dow's Tuesday
loss of 1,800 points, the index fell below
19,732 points. This was the Dow's level on
the day before Trump's inauguration,
Jan. 19, 2016. The S&P 500 has
also nearly completely wiped out
its gains during Trump's administration. The president has touted
the gains and strength of the
stock market throughout his presidency. The Trump administration
is seeking an immediate $500 billion economic
infusion to put directly into the pockets of Americans. An additional $500 billion
will be made available in the form of
low to no interest loans for struggling industries,
as well as small businesses. Analysts say
economic recession
is likely. More than 7,000 people in
U.S. have been infected with the coronavirus.
The death toll has exceeded 100.