The return of President Donald Trump to the White House has significantly impacted global financial markets. Since January 20, the S&P 500 has seen a near 8% decline. Among the winners are data analytics provider Palantir, which surged nearly 60%, and gold miners like Newmont, whose shares have risen by nearly 30%. Conversely, U.S. carriers have suffered due to tariffs and reduced travel demand, with the S&P 1500 airlines index losing nearly a third of its value. Electric automaker Tesla has also dropped 33%, amid concerns over CEO Elon Musk’s involvement in government roles. Retail sectors, including Kohl’s and Macy’s, have similarly faced challenges due to reduced consumer spending.
— new from Reuters
