I could reduce unemployment claims to zero overnight, it's easy. Just make everyone ineligible for unemployment and POOF, no more claims.
This is why unemployment claims are a terrible measure of actual unemployment level, because it ignores everyone who doesn't (or can't) file a claim.
If the number of claims drops, does it mean less people are unemployed, or does it just mean less people are trying to claim it?
As far as the S&P goes, Trump has no control over that, and it's only a sign that corporations are seeing a far more corporate-friendly government. It also benefits the upper class far more than the middle class (the majority of capital gains are claimed by people with incomes above 200k/year)
I will give him credit for the reduction in immigration, but it's questionable if that is actually a good thing. Remember, EVERY person in America (other than the native americans) is either an immigrant or the descendant of an immigrant. If they had done something like this 150 years ago, most of us probably wouldn't exist. To say "I hate immigrants" is no different than saying "I hate my great grandparents".