Post Election Stock Market Plunge Nasdaq S&P 500 Down 2% Nvidia Drops 20% Meta Rises 10% Bitcoin Resilient Up 30%

In the aftermath of the U.S. presidential election in November, the stock market experienced a significant shift. The Nasdaq 100 and S&P 500 indices, which had initially surged following Donald Trump's victory, have since given up all their gains. This reversal has been driven by a series of tariff announcements and escalating trade tensions, which have created an atmosphere of uncertainty and led to a decline in investor confidence.

Market leader Nvidia, whose chips are in high demand for artificial intelligence applications, has seen its stock price drop by more than 20% since the election. In contrast, Meta Platforms has emerged as a standout performer among the so-called magnificent seven technology companies, with its stock price increasing by about 10%. Bitcoin buyer Strategy, which reached an all-time high in November, has also experienced a significant decline, falling over 50% from its peak. However, it remains up by 20% since the election.

Despite the recent volatility, Bitcoin has shown resilience and has continued to gain value. The world's largest cryptocurrency has increased by about 30% since the 2024 U.S. election, while other cryptocurrencies, such as Dogecoin, have also seen growth. This trend suggests that investors are increasingly viewing cryptocurrencies as a viable alternative to traditional financial assets.

In response to the escalating trade tensions, the U.S. government has announced a one-month reprieve from 25% tariffs on goods covered under the US-Mexico-Canada trade agreement. This temporary relief is aimed at providing some breathing room for businesses and investors as they navigate the uncertain trade landscape. However, the overall impact of the tariffs on the stock market has been significant, with both the Nasdaq 100 and S&P 500 indices now more than 2% lower than their post-election highs.

Bitcoin's performance has been particularly noteworthy, as it has remained in positive territory despite the stock market's decline. The cryptocurrency has slumped about 20% from its peak just before Trump's inauguration, but it is still up roughly 20% from its level just prior to the November election. This divergence in performance highlights the contrasting impacts of political events on traditional financial markets and the cryptocurrency sector.

The U.S. government's recent executive