Retail Stocks React to Trump Administration Taking Over

As Donald Trump took office on Monday, the stock market was closed. We have now had a day for the stocks to react to the change, and major retail stocks have been some of the biggest movers.

Target stock price is down right now.
Target and Wal-Mart are up after Trump took office. 

There has been a shakeup in retail stocks since Trump took office, with retailers like Target (TGT), Wal-Mart (WMT) and Dollar Tree (DLTR) all shifting as the economic repercussions start. All three of these top retailers closed high on Tuesday and are set to keep climbing for Wednesday once the market opens.

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That is great news for investors who were worried that there would be a market downturn as soon as Trump took office. That does not seem to be the case, and the stock market indices were all up throughout Tuesday and closed high as trading finished for the day. We expect them to remain elevated through Wednesday trading despite the rollout of tariffs and other economic changes imposed by the Trump administration.

How Retail Stocks Are Performing

Wal-Mart stock was up 1.24% Tuesday and fell by 0.15% during Wednesday’s premarket trading. This stock performed very well during the end of 2024 as the company enjoyed a profitable Christmas season. The stock price has fallen slightly since then but is now on a steady incline spurred by positive economic anticipation following Trump’s taking over.

Dollar Tree stocks climbed 2.34% on Tuesday and has remained high in premarket trading for Wednesday. Like Wal-Mart stock, this one spiked during Christmas season, but it has continued to climb higher since then.

Target’s stock gained 2.72% on Tuesday and kept its gains in premarket trading. The company’s stock price fell off during the Christmas season and is now starting to get back a little momentum.

We anticipate that the retail stocks will be some of the most consistent stocks over the coming months, as they tend to do well even during economic downturn. Trump’s business decisions should help these stocks climb, but likely not as quickly as some of the better performing tech stocks. Cautious investors will do better with these retail stocks, though, since we expect consistent performance from them, and they are already off to a good start at the beginning of this new presidential administration.  

 

 

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ABOUT THE AUTHOR See More
Timothy St. John
Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.
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