President-elect Donald Trump's policy promises and their potential impact on the stock market are in focus ahead of his inauguration next Monday, January 20. (This, by the way, is a stock market holiday, with markets closed in observance of Martin Luther King, Jr. Day.)
Equities rallied hard in an immediate reaction to Trump's win last November as the outcome "provided much-needed political clarity," says George Smith, portfolio strategist for LPL Financial. "The removal of election uncertainty, coupled with hopes for a pro-business environment under the new administration, boosted investor sentiment and contributed to market gains."
