U.S. Industries

Development of Key Industries in Trump's 1st 100 Days

"This is more work than in my previous life. I thought it would be easier." That was Trump's very personal summary of his first 100 days in office. But how are the industries faring that Trump had promised to bolster during his campaign? The construction, energy and steel industries should be doing well as Trump looked to support them. On the other hand, Trump got into a fight with America's leading tech companies, which should have started feeling the squeeze.


According to the Innovative Securities which is a financial service provider, the S&P 500 index (an American stock market index based on the market capitalization of 500 large companies) increased by 4.53 percent for Trump's first 14 weeks. After 100 days in office it very much looks like tech companies are actually experiencing a positive development. Apple for example increased its stock value by almost 20 percent during this time. On the other hand, the sectors Trump wanted to help are experiencing a loss in value. The U.S. Steel Corporation had even suffered a loss of 6 percent of its shares.

Description

The graphic shows the change of stock value of selected companies during the 1st 100 days of Trump's presidency

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