President Donald Trump Appears Set to Extend a 112-Year Streak -- Will Wall Street Pay the Price?

For the better part of the last two and a half years, the bulls have been running the show on Wall Street. Prior to the latest stock market correction, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) had recently hit fresh, all-time closing highs.Among the many catalysts that have propelled these three stock indexes higher is the November election of Donald Trump to a nonconsecutive second term.During President Trump's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite respectively soared by 57%, 70%, and 142%. Investors are hoping another round of corporate income tax cuts, coupled with deregulation, will lead to an encore performance for the stock market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool