President Donald Trump’s approval ratings might be underwater, but that’s not the case for most investors who bought stocks when he was elected: The stock market just concluded its best four-month period since the 2009 housing crisis recovery.
The benchmark Dow Jones Industrial Average (DJIA) closed at 18,589.69 on Nov. 9, 2016 the day Trump won the election with 304 electoral votes. Today, it ended the day at 20,860.05, marking a 12.2 percent gain since Hillary Clinton conceded. That’s the best 120-day stretch since March 13, 2009 through July 13, 2009, when the index soared 22.9 percent.
Here’s a snapshot of the recent four-month growth:
And here’s the aforementioned one from 2009:
The Dow hit 20,000 for the first time ever on Jan.