Tag: stock market

Donald Trump vs. Barack Obama at 100-Day Mark

How does President Donald Trump’s presidency stack up against his predecessor 100 days in? Obviously, that’s a highly subjective question, since an observer who disagrees strongly with Trump’s policy agenda will find little reason to applaud his “successes,” and likewise with critics of Obama. We can compare a few metrics between the two presidencies, however.

Traders work on the floor of the New York Stock Exchange (NYSE) on March 11, 2016

Stock Market’s Stunning Reversal Reveals the Shallowness of the ‘Longest Losing Streak Since 2011’

Despite the scary headlines about the “longest losing streak,” it’s the markets resilience that is truly remarkable. Many analysts and talkative investor-types had insisted the market would view the Obamacare replacement bill as a test of the Trump administration’s ability to enact its agenda. So when the bill seemed to be in trouble last week and, especially, when it went down in flames on Friday, stocks were widely expected sell off steeply. But that just keeps not happening.

Dow-20000-Associated-Press-12-20-2016 (Mark Lennihan / Associated Press)

Dow Jones Industrial Average Breaks 20,000 for First Time

The Dow Jones Industrial Average broke through 20,000 points for the first time at the start of trading Wednesday morning, reaching a new milestone and continuing an extraordinary run that began on the morning after Donald Trump won the presidential election.