How the S&P 500 performed in the first 100 days of each modern US presidential term

The S&P 500 yields a roughly 10.5% average annual return

Tthe factors that go into that calculation are multifaceted—from how inflation impacts it to the stocks themselves. During periods of high inflation, stock performance can be stunted by investor concerns, for instance. The average return also varies based on whether dividends are included.

The S&P 500 has an average intra-year drawdown of -16%

In a given year, the value of the S&P 500 can significantly fluctuate. An intra-year drawdown is the most significant difference between the index's peak and lowest point.

Read about the evolution of the S&P 500 and its recession recovery

Since the S&P 500 is considered a bellwether index (meaning it represents the health of the US economy), its value is important for investors in both bull and bear markets. The S&P 500 has been impacted by recessions and downturns, from the 1970s oil crisis to the dot-com crash of the early 2000s.

Before the S&P 500 launched in 1957, Standard and Poor's had a daily index with just 90 companies

Unlike previous indexes from S&P, the S&P 500 could be computed in real time using computer technology that tracked stock tickers across stock exchanges. This innovation is partly what led to 500 companies being listed on the index, a huge increase from the 90 companies in S&P's flagship index when the company had to do all the analysis by hand.

How the stock market performed under every US president

It's worth noting that the stock market as we know it today didn't exist under the leadership of earlier presidents, such as George Washington and Thomas Jefferson.

In President Trump's first year of his second term, inflation fell from 3% year-over-year in January 2025 to 2.7% in December

While the price of eggs and bread went down over Trump's first year in office during his second term, coffee and beef prices rose. Utility bills and home insurance continued to surge, but mortgage rates, rent, and home prices began to stabilize in 2025.

A majority of Americans think President Trump is using more power than previous presidents

An October 2025 Pew Research Center survey found that 69% of Americans believed President Trump was trying to exert more power than previous presidents. Most Democrats viewed it negatively, while about half of Republicans said it was good for the country.

President Donald Trump's 2025 address drew 36.6 million viewers

President Trump's audience was about 13% higher than President Biden's 2024 address, but it fell short of Donald Trump's first-term State of the Union viewership, which consistently topped 37 million and peaked near 48 million in 2017.

DOGE's claim of saving more than $64B lacks evidence

In the first month of President Donald Trump’s second term, his new Department of Government Efficiency celebrated slashing billions in federal spending and chopping away at the national debt. An article from the Poynter Institute’s fact-checking website digs into the numbers to investigate these claims.

President Trump has changed decades-long norms for the DOJ during his second term

The Trump administration made changes to ethics oversight, instructed US attorneys to coordinate with the White House, dismissed cases, and overhauled the career hiring process in the Civil Rights division. The administration asserts these changes were justified and aimed to end what they claim as the weaponization of government.

In 2024, US private equity posted an 8.1% return

Tracked by Cambridge Associates, 2024 performance saw limited partner distributions overtake contributions for the first time in years. Cambridge Associates, a leader in the space, typically uses a 2.0x+ MOIC (Multiple on Invested Capital) as a benchmark for top-quartile PE fund success.

Most White House renovations have cost no more than $10M

The storied residence of the US president has undergone many overhauls in its day, from rooftop fixes to bowling alley and pool installations. The majority of the renovation projects came in under $10M. President Trump's 2025 expansion of the West Wing, primarily funded by private donations, will cost more than $200M.

Theodore Roosevelt is considered by many to be the "first modern president"

Roosevelt transformed the presidency by expanding executive power beyond conventional norms, arguing that the president could act in the national interest unless expressly forbidden to do so. His energetic leadership, media use, and policy activism expanded the office's role and prestige.

President Trump implemented a $100K fee on new H-1B visa applications

In September 2025, President Trump announced a $100K application fee for new H-1B petitions, framing it as a way to limit misuse of the program. His administration later clarified it was a one-time fee for new applicants, not an annual charge. (Some users may experience a paywall.)

Palantir's executives have become increasingly involved in American politics in recent years

Palantir's government contracts have steadily increased since Donald Trump was re-elected in 2024, moving from intelligence and defense to public health and assisting in Elon Musk's Department of Government Efficiency efforts.

Donald Trump was impeached a second time for incitement of insurrection after Jan. 6

Following the Jan. 6, 2021, Capitol attack, the House impeached Trump for inciting violence against the US government. The Senate acquitted him on Feb. 13, 2021. He is the only president who has been impeached twice.

What Trump's executive order provides TikTok

Just a few days into his second term, President Trump paused the US law banning TikTok through an executive order. While that may sound like an all-out reversal, it's more of a time out, granting ByteDance an additional 75 days to find a US-based seller. This resource breaks down what Trump's executive order provides the Chinese company and what it might mean for the future of the app.

The Washington Post's 'Presidential' podcast tells the story of every American president

Hosted by Lillian Cunningham, "Presidential" explores how each president rose to power, led through crises, and shaped the office. Featuring historians like David McCullough and journalists like Bob Woodward, the series traces leadership and legacy across American history.

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

See a chart of public trust in the Federal Reserve

An illuminating chart shows the percentage of Americans who trust the current Fed Chair, going back to 2005. See how we went from Alan Greenspan’s 74% trust level to Janet Yellen’s 38%.

Inside the first year as a CEO

The CEO role is a complicated one, especially for those who haven't held it before. A recent study found that among CEOs who left their jobs in the first quarter of 2024, 15% held the job for less than 24 months. That's up almost 10% from 2019. This article highlights the challenges CEOs face in their first year on the job, and describes how they can overcome them. Read more here.

The USPS spent $3.97B in 2024, accounting for .058% of the federal budget.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

The presidential election process continues for weeks after Election Day

Even after a winner is projected, the election is not complete. Between Election Day and Inauguration Day, electors formally cast votes and Congress meets in a joint session to certify the results, following a constitutionally defined timeline.

The Occupy Wall Street protests lasted 59 days

After the 2008 recession, one of the main slogans of Occupy Wall Street was, “We are the 99%,” alluding to the wealth disparity between America’s wealthiest 1% of all households and the rest of the country.

The Supreme Court term runs from October to June

The Supreme Court of the United States begins each term on the first Monday in October, alternating two-week sittings and recesses, hearing arguments mainly on Mondays through Wednesdays, and deciding which of thousands of petitions will receive full review.

Read an overview of US tariff policy before the second Trump Administration

This comprehensive report from the Congressional Research Service explores the evolving role of tariffs—from a major source of government revenue to a tool for trade and foreign policy—providing insights into current practices, legal foundations, and global trade dynamics.

The USPS spent $3.97B in 2024, accounting for .058% of the federal budget.

The Nasdaq's 'Magnificent 7' companies are responsible for roughly 40% of the Nasdaq 100 index's gains, while the remaining 93 companies account for the other 60%.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company, including its unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

Dozens of S&P 500 stocks, including Coca-Cola and Walmart—known as the dividend aristocrats—have increased dividends every year for 25 years

Despite being favored by 87% of Americans, Congress does not have term limits.

See a ranking of the best (and worst) Federal Reserve Chairs since 1914 out of the 16 men and women who have held the office since.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

US housing costs have risen by roughly 175% between 1991 and 2026—but a growing number of Gen Zers are becoming homeowners anyway. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

A century of Billboard issues documenting the evolution of popular music.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

44% of Americans say they pray at least once a day—discover how your state's religiosity stacks up against the rest of the country.

About 12.5% of US adults experience a phobia in their lifetime, a diagnosis that hinges on the intense fear interfering with daily life and persisting for at least six months.

Fireworks-related ER visits are on the rise—in 2024, they increased by 52% as compared to the prior year.

The first steps to rebuilding your credit score include getting to know exactly what's on your credit report and figuring out how far you are from the '700 club,' or 'good score' range.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

Scientists testing how climate change affects plants found, in a years-long simulation study, that poison ivy grew 70% faster with the resulting extra carbon dioxide.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Fast-casual restaurant Chili's is experiencing a resurgence, with its parent company recently reporting a nearly 32% increase in sales, thanks to passionate Gen Z fans on TikTok.

View the ten deadliest tornadoes in US history.

'Shogun,' a 1980s TV series, helped popularize sushi in the US by stimulating an American interest in Japanese culture.

US intelligence allegedly pursued more than 600 schemes to assassinate Cuban revolutionary Fidel Castro.

Sears sold DIY house kits starting at $600 in its famous catalog from 1908 through the 1940s, resulting in roughly 10,000 'Sears and Roebuck houses' being built.