The US stock market has been on a rollercoaster during President Donald Trump’s second term. The S&P 500 posted its third worst 100-day start to a presidential term in US history, only behind Gerald Ford and Richard Nixon.

Six months ago almost to the day, Elon Musk, an influential adviser to presidential candidate Donald Trump and the world’s richest person, warned that Trump, if returned to the White House by voters,

President Donald Trump said the faltering stock market "is Biden’s Stock Market, not Trump’s" and that a downturn wasn't due to tariffs. Our graphic shows how the markets responded after Trump made various tariff announcements.