Stock market plummets after obama election

Stock market plummets after obama election

Posted: IgorNemtsov Date of post: 28.06.2017

Trump victory a second wake-up call for complacent investors. Read here to see how stocks have performed on Election Day and the day after. Between then and his swearing in on March 4, inauguration was moved to Jan. Disaster would come a little under eight months later with the Crash of , which stands as a signpost for the start of the Great Depression.

Between then and inauguration on Jan. Both stats suggest performance has more to do with timing than faith in prospective policies. Obama was elected in the depths of the financial crisis.

stock market plummets after obama election

Stocks bottomed in March, setting the stage for the current seven-year-plus bull market. On average, the move has been positive but no great shakes, with stocks rising 0. When a Republican is elected, the average change has been a gain of 2. When the party in power changes, the average move has been a decline of 2.

stock market plummets after obama election

William Watts is MarketWatch's deputy markets editor, based in New York. Follow him on Twitter wlwatts.

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All quotes are in local exchange time. Real-time last sale data for U. Intraday data delayed at least 15 minutes or per exchange requirements. ET August WTI oil down 16 cents, or 0.

What happens in the stock market after US elections - Business Insider

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How the stock market performs on, and after, Election Day - MarketWatch

How stocks have performed between Election Day and inauguration since By William Watts Deputy markets editor. The Hoover rally was a doozy.

Other post-election plunges in the stock market

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