Key PointsThe Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have consistently generated outsize returns under President Trump.Rate hikes threaten the stock market’s leading catalyst, the artificial intelligence (AI) infrastructure build-out.Additionally, history shows that interest rate hikes can adversely impact U.S. M2 money supply, portending trouble for the U.S. economy.From a statistical standpoint, Wall Street has enjoyed having President Donald Trump in the White House. The average annualized returns for the Dow Jones Industrial Average(DJINDICES:^DJI), S&P 500(SNPINDEX:^GSPC), and Nasdaq Composite(NASDAQINDEX:^IXIC) have been considerably higher under Trump than under most...
Microsoft (NASDAQ:MSFT), an enterprise software and cloud infrastructure provider, closed at $516.17. The stock rose after Microsoft unveiled a Copilot...