Stock market reactions to Donald Trump-involved U.S. presidential elections: Evidence from the S&amp;P 500 in 2016, 2020, and 2024

Michał Wielechowski; Katarzyna Czech; Arkadiusz Weremczuk; Mariusz Próchniak

doi:10.2478/ijme-2026-0004

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Stock market reactions to Donald Trump-involved U.S. presidential elections: Evidence from the S&P 500 in 2016, 2020, and 2024

International Journal of Management and Economics

Volume 62 (2026): Issue 1 (March 2026)

By: Michał Wielechowski , Katarzyna Czech , Arkadiusz Weremczuk and Mariusz Próchniak

Open Access

|May 2026

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DOI: https://doi.org/10.2478/ijme-2026-0004 | Journal eISSN: 2543-5361 | Journal ISSN: 2299-9701

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Language: English

Page range: 26 - 37

Submitted on: Jan 15, 2026

Accepted on: Apr 11, 2026

Published on: May 5, 2026

Published by: Warsaw School of Economics

In partnership with: Paradigm Publishing Services

Publication frequency: 4 issues per year

Keywords:

Stock market,

Political event,

U.S. presidential election,

Trump effect,

Financial market

Related subjects:

Business and economics,

Political economics,

Economic theory, systems and structures,

Business management,

Management accounting, financial controlling, cost calculation, investment

© 2026 Michał Wielechowski, Katarzyna Czech, Arkadiusz Weremczuk, Mariusz Próchniak, published by Warsaw School of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 62 (2026): Issue 1 (March 2026)