If You Invested $1,000 In SPY Stock When Donald Trump Left The White House, Here's How Much You'd Have Now
Portfolio Pulse from Chris Katje
The article discusses the performance of the SPDR S&P 500 ETF Trust (SPY) during and after Donald Trump's presidency. It states that the S&P 500 had average annual gains of 14.5% during Trump’s four years in office, and SPY was up around 67% during this period. The markets continued to rally after Biden won the 2020 presidential election, with the S&P 500 gaining 37.4% in the first year of his presidency. An investment of $1,000 in SPY on Biden's inauguration day would be worth $1,160.32 today, while the same investment made the morning after the election would be worth $1,297.61 today.
August 23, 2023 | 10:30 pm
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The SPDR S&P 500 ETF Trust (SPY) saw significant gains during and after Trump's presidency. An investment of $1,000 in SPY on Biden's inauguration day would be worth $1,160.32 today, while the same investment made the morning after the election would be worth $1,297.61 today.
The article provides a detailed analysis of the performance of SPY during and after Trump's presidency. It shows that the ETF saw significant gains during this period, which would have resulted in a substantial return on investment for investors. This suggests that the ETF is likely to continue performing well in the future, especially if the current market conditions persist.
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