Trump Approval Rating Still Underwater: Record Highs For Stock Market Not Enough To Ease Voter Concerns

Benzinga_recent_news06:54

A new Morning Consult poll shows that the approval rating for President Donald Trump continues to trend below 50% as voters are worried about the cost of three main items, which may be more important ...

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What’s driving SPY to record levels?\nTrump holds an approval rating of 44% and a disapproval rating of 53% in the latest Morning Consult poll, in line with recent weeks.\nThe poll shows Trump underwater with overall voters at -9 points, along with being underwater among Democratic and Independent voters. Of Republican voters, Trump has an 82% approval rating.\nFor comparison, Trump began his second term matching his record high of 52% in the Morning Consult poll.\nHurting Trump's numbers are three items voters believe the president should pay more attention to.\nLowering costs and health care affordability are listed as the top items Trump should be paying attention to, each tied at 72%. Only 47% of voters believe Trump is concerned about lowering costs, while only 44% believe Trump is concerned about health care affordability.\nThe gap of 28 points for health care affordability is the highest among a series of 12 items, with only stopping illegal immigration and mass deportations getting scores of 50 percent or more for whether Trump is concerned.\nThe third item on affordability that is seeing rough ratings for Trump is reducing energy prices. Sixty-three percent of voters in the poll believe this should be a top priority, while only 41% say it is a top priority for the president.\nThis comes with rising gas prices as a result of the strikes on Iran that were carried out by the president and his administration.\nTrump has an approval rating of 45% for the handling of energy, 42% for the handling of the economy and 42% for the handling of health care in the poll. \nThe weak approval ratings and worries about affordability come in stark contrast to the stock market.\nRecent days have witnessed new all-time highs for both the S&P 500 and the Nasdaq 100.\nThe SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is up 4.1% year-to-date and trades near all-time highs.\nThe Invesco QQQ Trust (NASDAQ:QQQ), which tracks the Nasdaq 100, recently saw a 13-day win streak and hit new all-time highs once again on Wednesday.\nTrump was on CNBC on Tuesday and highlighted the strength of the markets.\nWhile the stock markets are hitting record highs, voters are not overly impressed, and while many may be profiting from higher stock prices, the poll results could show how others are worried about affordability on a daily and weekly basis.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629607183","isCrawlerRequest":true}