President Trump’s business savvy has been on full display from the moment that he took the Oval Office, and now, three years into his first term, he is continuing to prod the nation up and over some incredible fiscal milestones.
Obviously, consumer confidence has been incredibly high during Trump’s time in the West Wing. We were given a powerful reminder of this reality just days ago after it was announced that the Saturday before Christmas became the most profitable shopping day in US history, with Americans spending a whopping $34 billion in the lead up to the holiday.
On the heels of that inspiring news, we have now reached new plateaus with our stock market as well.
U.S. stocks surged higher Thursday as a year-end rally stoked by bullish economic news pushed the Nasdaq Composite index to 9,000 for the first time in its history.
The S&P 500 also posted a fresh all-time high at 3,235.46 in late morning trading while the Dow Jones Industrial Average rose about 77 points, reaching a peak of 28,596.22 before leveling off.
The rally has been gathering momentum as the year draws to a close and was pushed along Thursday on news that retail sales for the just concluded holiday season were 3.4 percent higher than 2018, including record online sales, which were up nearly 20 percent.
During President Trump’s time in the White House the stock market has set numerous records for prosperity – something that “resistance” minded media miscreants didn’t believe possible was the 2016 election approached.
