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Latin Times
Latin Times
National
Elizabeth Urban

Stock Market Erases Most 'Trump Bump' Gains After Week of Sharp Losses

Former President and 2024 Republican presidential candidate Donald Trump gives a keynote speech on the third day of the Bitcoin 2024 conference. (Credit: Jon Cherry/Getty Images)

The stock market has nearly lost its "Trump bump" after the S&P 500 closed for the just above the post-election open after a week of sharp losses.

The S&P 500 dropped 1.4% and ended at 5,870.61, seemingly marking the end to the dramatic "Trump bump" after investments soared following the announcement that Donald Trump would become the 47th president of the United States, as reported by Yahoo Finance.

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