The stock market’s record-breaking ascent this year has become a favorite topic for President Donald Trump.
“With the great vote on Cutting Taxes, this could be a big day for the Stock Market – and YOU!” he tweeted on Monday morning.
It’s true — the S&P 500 is up 17.4% since the beginning of the year and the Dow Jones Industrial Average is up 22.2%, reflecting strong corporate earnings and the anticipation of a massive tax cut.