Sports commentator Stephen A. Smith pointed to financial data reported by Barron’s to argue that President Donald Trump’s recent claims about stock market performance since the 2024 election are accurate.

Speaking on air, Smith referenced President Trump’s remarks about the market reaching new records and said he wanted to highlight what Barron’s had reported.

“Go back to that quote Griff, because I want to read something to people, because we’re not going to be fair, even though one would argue he deserves our unfairness. It’s something that I wanted to point to y’all about. He said, This is just a slap in the face to our country, which is setting new standards and records every single day, including the best stock market, and for one case in history, ladies and gentlemen, that part right there. Don’t hate don’t hate the message, or rather, don’t hate the messenger. Just listen. Barron’s highly reputable when it comes to evaluating our market.”

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Smith then cited a Barron’s report from roughly 20 days prior, detailing market performance figures following the 2024 election.

“This is what they wrote, albeit 20 days ago. Just 20 days ago, this is what they wrote. President Trump said the market had set 52 all-time high records since the election. This is according to Barron’s they said that is true.”

According to the figures Smith read from the publication, the S&P 500 had recorded 52 all-time closing highs since November 6, 2024, the day after the presidential election.

“Since November 6, 2024 day after the election, the s and p5 100 has had 52 record closes. As of Tuesday’s close, according to Dow Jones market data, the NASDAQ Composite has not 46 record closes.”

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Smith also cited performance numbers beginning on January 20, 2025, the date of President Trump’s inauguration as the 47th president of the United States.

“Here’s how all three major indexes have performed since January 20, 2025 the day that Donald Trump was inaugurated as the 47th president of the United States. The s and p5 100 has gained 13.3% and notched 42 record closes. The NASDAQ has gained 16.9% and notched 36 record closes. The Dow Jones, Industrial Average has gained 11.5% and notched 23 record closes, ladies and gentlemen, that means when it comes to the stock market and your 401, KS, Donald Trump wasn’t lying now, what happens in the last 20 days, or whatever? I don’t know, but I’m telling you as of right now, he wasn’t lying about that, according to Barron’s.”

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