what was the dow jones average when obama took office
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How did the Dow Jones Industrial do under Barack Obama vs. past presidents? Updated January 20, 2017. Posted January 20, 2017. Barack Obama closes out his presidency with the Dow Jones Industrial Average up 148 percent, or nearly 12,000 points since he took office in January 2009.
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- The Dow Jones Industrial Average / ˌ d aʊ ˈ dʒ oʊ n z / (DJIA), or simply the Dow, is a stock market index that shows how 30 large publicly owned companies based in the United States have traded during a standard trading session in the stock market.
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How Does Wall Street's Obama-Era Rally Stack Up In History? Bouncing back from the Great Recession, the Dow Jones Industrial Average soared 71.7% from January 20, 2009, until Friday, the second best performance under a presidential first term since FDR in 1937, according to Dow Jones.
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Lessons from the 1929 stock market crash In two days the Dow Jones industrial average fell by 25% (ending on Black Tuesday, 29 October). The volume of stocks traded set a record that was not broken for 40 years. When it finally reached its record low in July 1932, the Dow Jones had fallen 89%, and it did not recover to 1929 levels until 1954.
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What Is the Dow Jones Industrial Average? The Dow Jones Industrial Average (DJIA), often referred to as the Dow Jones or simply as the Dow, is a price-weighted average of the stocks of 30 large American publicly traded companies. Created by Charles Dow in 1896, it is the most well-known U.S. stock index and is used to gauge the market's performance from day to day. What is a price-weighted index? In a nutshell, a price-weighted index means that higher-priced stocks have more influence over the index's performance than lower-priced ones.
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Barack Obama says deficit fell from 10 percent of GDP to 3 percent on his watch Barack Obama says deficit fell from 10 percent of GDP to 3 percent on his watch. By Louis Jacobson on Monday, October 6th, 2014 at 3:49 p.m. President Barack Obama addressed the economy in a speech at Northwestern University in Evanston, Ill., on Oct. 2, 2014. We checked one of his claims.
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What is the Dow Jones Industrial Average? The Dow Jones Industrial Average (DJIA) is a stock market index created by Wall street Journal editor Charles Dow. Founded on May 26, 1896, the average is named after Dow and statistician Edward Jones.
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Stocks slide as Trump takes office Markets Insider. Stocks dove as Donald Trump took office on Friday. The Dow Jones Industrial Average sank as much as 70 points after Donald Trump took the oath of office at the US Capitol. Both the S&P 500 and Nasdaq also began to slide as Trump began his speech.
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Dow Jones Industrial Average The Dow Jones Industrial Average /ˌdaʊ ˈdʒoʊnz/, also called the Industrial Average, the Dow Jones, the Dow 30 or simply the Dow, is a stock market index of thirty major companies and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The industrial average was first calculated on May 26, 1896. Currently owned by S&P Dow Jones Indices, which is majority owned by S&P Global, it is the most notable of the Dow Averages, of which the ...
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- Universal Orlando visitors not allowed to bring bottled water into the parks. By: Leah Zanolla —. Guests at Universal Orlando today were not allowed to bring bottled water or drinks into the parks.
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Dow: New high for second straight session Stocks ended mixed Tuesday but the Dow Jones industrial average managed to notch a record closing high for the second straight session. Energy stocks were the big losers as oil prices fell for a second straight day. U.S. benchmark crude dropped 3.7% to $57.23 a barrel. The Dow Jones industrial average rose 13.51 points, or 0.1% to close at a record 18,312.39 and hit a new all-time intraday high of 18,351.36. The Standard & Poor's 500 index fell 1.37, or 0.1%, to 2127.83, retreating slightly from the previous day's record closing high of 2129.20.
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Closing milestones of the Dow Jones Industrial Average Closing milestones of the Dow Jones Industrial Average. This article is a summary of the closing milestones of the Dow Jones Industrial Average, a United States stock market index. Since first closing at 62.76 on February 16, 1885, the Dow Jones Industrial Average has increased, despite several periods of decline. 1 Milestone highs and lows.
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Dow Jones Industrial Average Dow Jones Industrial Average. The Dow Jones Industrial Average /ˌdaʊ ˈdʒoʊnz/, also called DJIA, the Industrial Average, the Dow Jones, the Dow Jones Industrial, ^DJI, the Dow 30 or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow.
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How Does Wall Street's Obama-Era Rally Stack Up In History? First-Term Successes and Failures. Still, the Dow’s 71.7% run during Obama’s first term looks especially good when compared with a 1% decline during the first four years under President George W. Bush that left the blue chips at 10471 in January 2005.
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Inside The Obama Stock Market's 235% Return Eight years later, the S&P 500 index has risen to 2,274 points after one of the great bull runs in stock market history. With Obama as president, the U.S. stock market, as measured by the S&P 500, returned 235%, or 16.4% annualized.
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Dow closes at record high, again The Dow Jones industrial average managed to close at a record high again as investors celebrated a surge in Alibaba shares on their first day of trading. The Dow closed up 13.75 points, 0.1%, to 17,279.74 and hit an intraday record of 17,350.64 in morning trading. The S&P 500 index turned negative in the final minutes of trading and ended down 1 point, 0.1%, to finish at 2010.40 after earlier setting an all-time high of 2019.26.
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What was the Dow when President Obama took office? Although Obama is a positive for the markets, his inauguration does not change the underlying issues, said Phil Orlando, chief equity market strategist at Federated Investors. Footnotes. [1] Dow Jones Close 1/20/09 - Stock Market Closing Prices.
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What was the Dow when President Obama took office? The question was - What was the Dow when President Obama took office? One bit of commentary - NEW YORK [2] -- Stocks slumped to two-month lows Tuesday as investors looked beyond President Barack Obama's historic inauguration to the battered economy he inherits.
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Wall St. May Not Cheer, but Obamaâs Been Good for Stocks Since 1900, it has returned 7.1 percent annually when Democrats have occupied the White House, and only 3 percent under Republicans. Mr. Carter was an exception. The market declined 0.3 percent in his first 1,368 days in office — a performance more than 68 percentage points worse than that for Mr. Obama.
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So much for the Trump slump! Dow hits closing record high as stocks soar and the dollar makes its largest gains since Brexit So much for the Trump slump! Dow hits closing record high as stocks soar and the dollar makes its largest gains since Brexit. Wall Street reached record highs on Wednesday as the markets strengthened and currencies rose after being initially threatened by Donald Trump's election win. The Dow index closed on 18,586 after rising more than 250 points in what experts described as the biggest market turnaround since the 2008 global financial crisis.
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Dow industrials close at their highest ever level NEW YORK (MarketWatch) -- U.S. stocks ended higher Tuesday, with the Dow Jones Industrial Average closing at its highest level ever, after the price of oil slumped to a 14-month low, raising hopes lower energy costs will boost consumer spending and moderate any slowdown in the economy.
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Dow Jones Industrial Average The most widely used indicator of the overall condition of the stock market, a price-weighted average of 30 actively traded blue chip stocks, primarily industrials. The 30 stocks are chosen by the editors of the Wall Street Journal (which is published by Dow Jones & Company), a practice that dates back to the beginning of the century. The Dow was officially started by Charles Dow in 1896, at which time it consisted of only 11 stocks.
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24,490.23 300.781.24% The Dow Jones Industrial Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry. It has been a widely followed indicator of the stock market since October 1, 1928. Address.
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24,490.23 300.781.24% The Dow Jones Industrial Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry. It has been a widely followed indicator of the stock market since October 1, 1928.