America First Policies Improving European Stocks

President Trump’s “America First” policies are having an unexpected impact on global stock markets, especially in Europe. While the U.S. faces some challenges with its economic agenda, Trump has made progress in getting European countries to increase military spending. NATO allies, like the U.K., France, and Germany, are following through with plans to boost their defense budgets, which is helping stocks of military companies rise. This has led to European stock markets having their best start to the year since 1998, with Germany’s DAX jumping by more than 15%. The STOXX Europe 600 index, which tracks many European companies, is up 7.7%. On the other hand, U.S. stock markets are struggling, with the S&P 500 down by 4.1%. Trump’s push for NATO allies to spend more on defense is definitely paying off for European investors. As a result, European markets are outperforming U.S. stocks, showing the global ripple effect of his policies.

https://www.nbcnews.com/business/markets/trumps-america-first-policies-are-boosting-stock-markets-overseas-rcna195892