_fred_
S&P 500 EUR (^SPXEUR) : adjusted to account for currency fluctuations between the US dollar (USD) and the Euro (EUR)S&P 500 EUR - Live Performance & Historical Returns
ycharts.com
The 1Y period of this chart shows little growth and high volatility. Notably; On April 2, a day he called "Liberation Day", Trump declared a national emergency regarding the national trade deficit and announced "reciprocal tariffs" on all countries not subject to other sanctions. A baseline 10% tariff on nearly all US imports took effect on April 5.