People in the cryptocurrency world are looking forward to Trump's inauguration next!

After Trump's inauguration on January 20, 2017, the overall performance of the US stock market was as follows:

On the day of the inauguration, it rose: During the trading session on January 20, 2017, the Dow Jones Industrial Average rose by 0.48%, the S&P 500 index rose by 0.34%, and the NASDAQ index rose by 0.28%. The Dow successfully ended a 5-day losing streak, marking the first time in nearly 50 years that the US stock market closed higher on the first day of a presidential inauguration.

Strong upward trend throughout 2017:

Repeatedly hitting new highs: The Dow Jones Industrial Average performed outstandingly in 2017. On January 25, driven by market expectations of tax cuts and deregulation policies to be introduced by the Trump administration, the Dow first crossed the 20,000 mark. Subsequently, it took 24 trading days to rise another 1,000 points, breaking through the 21,000 mark, and all three major indices refreshed their closing levels on the first trading day of March. On August 2, the Dow set a new closing high, standing above 22,000. On October 18, it broke through 23,000. On November 30, it first surpassed the 24,000 mark.

Significant increase: In 2017, the Dow Jones Industrial Average had an annual increase of about 25%, the S&P 500 index increased by about 19%, and the NASDAQ Composite index increased by about 28%.

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