In 100 days full of surprises for investors, the S&P 500 and Dow nearly recouped their April declines – even with a worse-than-expect GDP report.

The US stock market has been on a rollercoaster during President Donald Trump’s second term. The S&P 500 posted its third worst 100-day start to a presidential term in US history, only behind Gerald Ford and Richard Nixon.

Rodney Scott, President Trump’s pick to lead U.S. Customs and Border Protection (CBP), testified before the Senate Finance Committee on Wednesday morning. Scott resigned from CBP in 2021 after serving since the 1990s. He quickly rose through the ranks serving as the head of the agency in Trump’s first term and briefly under the Biden…