Trump falsely claims stock market milestones occurred within first year of second term during Fox Business interview

During an April 15, 2026 interview with Fox Business anchor Maria Bartiromo, President Trump claimed the S&P 500 hit 7,000 and the Dow Jones Industrial Average breached 50,000 within his first year of his second term. Fact-checkers confirmed both claims were false: the Dow first breached 50,000 on February 6, 2026 (approximately 13 months into his second term), and the S&P 500 first reached 7,000 on January 28, 2026 (more than 12 months after his January 20, 2025 inauguration). The S&P 500 did close above 7,000 on April 15, 2026, the day of the interview, but this was not the first time it reached that milestone. Trump's misrepresentation of the timeline exaggerated his economic record by falsely compressing these achievements into his first year. The false claim was made during a friendly interview environment where it went unchallenged by the host.

"The S&P 500 hit 7,000 and the Dow Jones Industrial Average breached 50,000 within one year" — Statement made during Fox Business interview with Maria Bartiromo while discussing economic achievements of his second term