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.

AP Photo

‘Trump Rally’ Continues as Dow Jones Hits Record High

“U.S. stocks opened higher on Monday, with the Dow Jones Industrial average hitting a record high, as Donald Trump’s unexpected victory in the U.S. presidential election continued to lift the market,” Reuters reported on Monday morning. The Dow opened at 18,914.78.

A trader walks past a campaign sign for U.S. President-elect Donald Trump and U.S. Vice President-elect Mike Pence on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. U.S. stocks fluctuated in volatile trading in the aftermath of Donald Trump's surprise presidential election win, as speculation the Republican will pursue business-friendly policies offset some of the broader uncertainty surrounding his ascent. Photographer: Michael Nagle/Bloomberg via Getty Images

Trump Election ‘Market Panic’ Ends with All-Time Dow Jones High

So much for the “panic” that was supposed to engulf the stock market after Donald Trump’s surprising victory in the 2016 presidential race. On Wednesday, just a few hours after Hillary Clinton finally offered her public concession, the Dow Jones Industrial Average closed with an all-time high.