Wall Street's winners and losers during Trump's 100 days at White House

By Shashwat Chauhan and Medha Singh

(Reuters) -The melodramatic displacement successful U.S. home and overseas argumentation since President Donald Trump returned to the White House connected January 20 has sent shockwaves crossed planetary fiscal markets.

Trump's multi-front commercialized warfare and changeless flip-flops connected tariffs person upended proviso chains, clouded concern outlooks and stoked fears of a recession successful the U.S. The S&P 500 has mislaid astir 8% since his January 20 inauguration.

As Trump completes 100 days successful office, present is simply a look astatine the winners and losers successful the U.S. banal markets:

WINNERS

Data analytics supplier Palantir, which works with the Department of Homeland Security, has surged astir 60% since Trump came into powerfulness arsenic the Department of Defense prioritizes a caller bundle acquisition effort to heighten the U.S. military.

Palantir is besides partnering with Elon Musk's SpaceX and drone builder Anduril to physique cardinal parts of Golden Dome rocket defence shield, radical acquainted with the substance told Reuters. All 3 companies are founded by entrepreneurs who person been large governmental supporters of Trump.

Palantir is the apical performer connected the S&P 500 successful Trump's archetypal 100 days arsenic president.

Phil Blancato, CEO of Ladenburg Thalmann Asset Management, said Trump-linked stocks and companies with "a predominantly home bias, particularly successful the manufacturing sector" basal to bash rather good nether the existent administration.

Conservative cablegram quality transmission Newsmax, which attracted beardown involvement from retail investors aft its debut connected the NYSE connected March 31, person precocious much than 60% since the IPO.

Gold miners are besides successful a agleam spot, tracking a surge successful the bullion, driven by U.S. argumentation uncertainty and fears of recession. The world's biggest golden miner Newmont's adjacent 30% surge since January 20 makes its shares among the highest connected the S&P 500.

U.S.-listed shares of overseas golden miners similar Barrick Gold, Gold Fields and AngloGold Ashanti person besides rallied betwixt 20% and 50% since Trump took office.

LOSERS

Shares of U.S. carriers person been battered by Trump's tariffs and softening question demand, with the S&P 1500 airlines scale losing astir a 3rd of its worth since January 20.

Delta Air Lines, American Airlines and Southwest Airlines are among a big of carriers that person withdrawn their yearly outlooks. Aviation manufacture is lobbying the White House for exemptions.

Electric automaker Tesla has dropped 33% since Trump's instrumentality to powerfulness arsenic investors feared that CEO Elon Musk's engagement successful the Department of Government Efficiency could distract his absorption from the electrical conveyance maker, whose income continued to fall.