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Kiplinger
Kiplinger
Business
David Dittman

How the Stock Market Performed in the First 6 Months of Trump's Second Term

President Donald Trump during a signing ceremony for the GENIUS Act in the East Room of the White House in Washington, DC, US, on Friday, July 18, 2025.

Let's say you wanted to place the broadest possible bet on the stock market during the second Trump administration. So, at the closing bell of the New York Stock Exchange at 4 pm Eastern Time on January 17, 2025, you bought the Wilshire 5000 Index Fund (WFIVX), as comprehensive a vehicle as there is available.

From Friday, January 17, through Friday, July 18, WFIVX generated a total return of 4.8%. Broadly speaking, then, the stock market is up during the first six months of the second Trump administration.

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