What Was the Dow When Obama Took Office

Another interesting statistic is that the Dow surged 11783 points while Obama was in office rising from 7949 the day of his inauguration to. President Barack Obama first took office on Jan.

Here S A Chart Showing The Dow Jones Industrial Average Since Obama Took Office Dow Jones Dow Jones Industrial Average Chart

And then theres the state of Obamas Democratic Party.

. Eight years later the Dow had almost tripled. The Dow overall during GWs term -26. The day Obama took office the Dow closed at 7949 points.

Obama took office on Jan. The Dow Jones Industrial Average meanwhile closed on Thursday at 792456 just 25 points under where it was when Obama took office 794909. Dow Jones Industrial Average.

The Dow Jones Industrial Average rose 138 percent under Obama after falling 22 percent under his predecessor. Increase in the Dow Jones Industrial average during the first three years of President Barack Obamas term up 4771 points to. Following the first year under a Democratic president the index is up 73 of the time averaging an 82 gain.

When he took office Democrats held 256 House seats 58 Senate seats and 28 governorships. If you look at how the Dow has done since it hit its low point on March 6 2009 its up 210. The Dow has risen 39 since Trumps election while under Obama it increased 35 and 65 from the low point in February 2009.

Obama inherited a stock market in free fall with the Dow plunging more than 300 points on the day he was inaugurated. The Dow rose 256 percent. Since Obama took office it has been climbing steadily.

The Dow has gone up more than 140 since Obamas inauguration in January 2009. Under President Barack Obama the SP 500 rose 85 during his first term having hit. Although the Dow didnt nearly triple Axelrod may have been referring to the SP 500 which is a common and arguably more representative benchmark of the stock market.

The facts show that under Bush the Dow Jones Industrial Average lingered around the 10000 mark between 2001 and 2006 with a substantial dip in 2002 and 2003. General Motors and Chrysler were on the brink of bankruptcy with Ford not far behind and their failure along with their supply chains would have meant the loss of millions of jobs. The Dow Jones Industrial Average DJIA had been in a bit of a slump since the 2008 economic recession and credit crisis.

It gained 335 percent when Truman took office and 34 percent after Obama was sworn in. If Trump stays in office 8 years the Dow would have to be 49369 for his term in office to equal Obamas as it relates to the stock market and the Dow Jones Industrial average. Performance While in Office.

It isnt rocket science. Performance While in Office. Meanwhile Joe Biden will face an uphill task in matching the.

When he first took office Obama ordered the facility to be closed within a year. In 2008 it crashed down almost in free fall. The Dow 30 has advanced 11 trailing Trumps 315 gain and Obamas 20.

A year ago Joseph R. Trump leaves office with a good but not historically great stock market record. The Nasdaq which lists more than 3000 companies has gone from 144086 on the day of Obama inauguration to 158700 on Thursday.

Note that in the last 16 minutes of trading on Friday the Dow. When he entered office Jan 20 2009 the Dow closed at 7949. The Dow closed at about 7949 on Inauguration Day in 2009 and about 19732 on Obamas last full day in office.

Obama inherited a stock market in free fall with the Dow plunging more than 300 points on the day he was inaugurated. However Obama had the advantage of a lower base effect as the Dow Jones has crashed in 2008 the year before he was inaugurated. In other words in his 8 years in office the Dow went up roughly 150.

We started two wars then. 20 2009 in the middle of a credit crisis that had caused prices to plunge and would cause them to keep falling for a few more weeks. Obama took office in January 2009 less than two months before the market started to recover from the.

The Dow was up 6083 points or 446 percent during Barack Obamas second term from 2013 until 2017 based on the market close on Thursday Jan. Biden took office as the 46th president of the United States inheriting an economy weakened by the COVID-19 pandemic but with effective vaccines to finally deal with it. Start of Obama Presidency January 20 2009 End of Obama Presidency January 20 2017 Return.

All you GW Bush fans send me 100000 each and I will return it to you with -26 and then you can spend the next 8 years making up a BS way to blame it on me. It then climbed to a peak of 14000. This represents a 148 percent increase over eight years.

What Was The Dow When President Obama Left Office Quora

What Was The Dow When President Obama Left Office Quora

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