Market Analysis: Trump's State of the Union Address Imminent, Investors Worry Trump's speech may exacerbate market anxiety.

U.S. President Trump will deliver the State of the Union address on Tuesday evening local time, a critical moment as investors are caught off guard by recent market volatility and yearn for stability. Following the Supreme Court's reversal of Trump's emergency power tariffs days ago, market participants are preparing for a speech that could potentially impact the market, covering topics such as trade policy, affordability of living, and issues related to Iran. The stock market has experienced significant fluctuations during Trump's second term, with investors reacting strongly to his efforts to reshape America's trade relationships. Despite the S&P 500 index rising 13% in the 400 days since Trump took office in January 2025, the index has seen little growth in 2026 - Wall Street lagging behind international stock markets, and the U.S. dollar hovering near its low point in 2022. CFRA's chief investment strategist Stovall said: "Just as a winter storm in the Northeast continues to pile up snow on the roads, I fear that this speech will only exacerbate market anxiety." He added, "The dense policy agenda this year makes everything unpredictable."