S&P 500 and Nasdaq Hit New Record Highs – DOW Up 45% Since 2016 Election!

Guest post by Joe Hoft

The S&P 500 and the Nasdaq Composite reached new all-time highs yesterday at the closing bell.  Since the 2016 Election, the DOW is up 45%!

CNBC reported yesterday –

The S&P 500 and Nasdaq Composite rallied on Tuesday to notch record closing highs as Wall Street cheered stronger-than-expected quarterly profits from some of the largest publicly traded U.S. companies.

The broad index closed 0.9% higher at 2,933.68, topping its previous record close of 2,930.75. The S&P 500 also ended the day just below its intraday record of 2,940.91. The Nasdaq closed up 1.3% at 8,120.82. The Dow Jones Industrial Average, meanwhile, gained 145.34 points to close at 26,656.39 and was 1.1% from an all-time high.

Tuesday’s move toward an all-time closing high comes less than six months after a sharp decline in late December, which led the S&P 500 to its worst annual performance since 2008. But stocks quickly turned around as the Federal Reserve reversed course on monetary policy while the tone around U.S.-China trade talks improved.

Since the 2016 Election, the DOW is up more than 45%!

On election day 2016 (November 8th) the DOW closed at 18,332.  Yesterday the DOW closed at 26,656 – up more than 45% since the 2016 election.  The DOW is up 8,324 points since the 2016 election!

Unemployment is at 50 year lows, wages are going up, corporate earnings are at all-time highs and expected to get higher and the markets are at all-time highs.  Trump’s economy is roaring!



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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!