The S&P 500, the broad measure of stocks of the 500 largest US companies, is up 27% since President Donald Trump took office in January 2017. But they were up 39% during the same 644-day period at the start of President Barack Obama's tenure.
The S&P 500 , the broad measure of stocks of the 500 largest US companies, is up 27% since Trump took office in January 2017. But they were up 39% during the same 644 day period at the start of President Barack Obama's tenure.Trump's stock market also lags a bit behind the 36% gain during the same period at the start of President George H.W. Bush from 1989 through mid-1991, and the 29% rise at the start of President Bill Clinton's tenure.
The S&P fell 26% following the bursting of the Internet stock bubble nearly a year before he took office.The percentage changes were calculated through the close of trading Monday, and the comparable period in the earlier administrations. Stocks rallied further on Tuesday with news that the United States was delaying some tariffs from taking effect.
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