What Was The Stock Market At When Trump Took Office

Stocks made considerable gains under obama which continued when trump took office promising tax cuts and deregulation.

So how goes the dow jones earnings on the first day of the trump administration. President trump has tweeted 128 times about the stock market since he took the oath of office. The s p 500 has returned more than 50 since trump was elected more than double the 23. The dow jones closed at 19 827 25 on that day a marginal rise over its previous day s closing.

Then the pandemic floored the stock market causing it to plunge roughly 30. President donald trump has presided over a strong stock market performance since he took office even if he doesn t talk about it as much as he used to. President donald trump s stock market stacks up well against the majority of his presidential predecessors. These four charts compare the returns of the dow 30 industrials and the s p 500 over the first three.

Vildana hajric march 18 2020 12 35 pm edt the stock market has now gone nowhere under president trump. The market was already high when trump took office and has climbed higher since then. The best year in the history of the dow jones took place from july 1932 to july 1933 where the dow jones increased 153 in twelve months as earnings for the dow jones were either collapsing or negative. Donald trump became the 45th u s.

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The day trump took office the dow closed at just over 19 827. Though obama had better market gains both presidents have been good for wall street. All the stock market gains since trump took office have vanished by. Now as a result of that turmoil trump s stock market record has backtracked slightly.