Oct 08, When George W. Bush took office on Jan. 20,the S&P stock market index stood at 1, The day President Bush left office, it was, a drop of 40 percent.
The Dow Jones Industrial Average fared percentage drop in stock market during george w bush administration bit better. It dropped only 25 percent. Sadly, the tech-heavy NASDAQ shed 48 percent of its value on President Bush’s watch.
As they say, a picture is worth 1, words: The Bush Stock Market. How the Dow Performed Under Each President. President George H.W Bush declared a cease-fire on February 28th,and the coalition had defeated the Iraqis and liberated Kuwait (Gulf Wars). This First Persian Gulf War affected the U.S stock market and economy drastically. There were some expansionary effects as well as some contractionary stumpchopping.barted Reading Time: 3 mins. Under former President George W. Bush, the stock market was down over 8% his first year in office and lost % by the end of his first term.
However, the dotcom bust that helped inflict that. Mxd86 track stump grinder 14, He saw the Dow more than double under his administration, finishing up % despite a staggering point drop during the stock market crash.
George H. W. Bush Estimated Reading Time: 10 mins.