FACTBOX-U.S. stocks in presidential election weeks
NEW YORK, Nov 7 (Reuters) - U.S. stocks broke out of their post-election funk on Friday, but on balance, the market hardly delivered a ringing endorsement of Barack Obama's defeat of John McCain to be elected 44th president of the United States.
Whatever the reason, since Election Day, major U.S. indexes are down more than 7 percent. For the Dow Jones industrial average .DJI and Standard & Poor's 500 .SPX, that represents the worst ever conclusion to the week of a presidential election.
On the week as a whole, including Tuesday's biggest-ever Election Day rally, Wall Street's benchmarks each fell about 4 percent.
For the Dow, it was the weakest presidential election week since Harry Truman's upset victory over Thomas Dewey in the 1948 election. For the S&P and Nasdaq Composite index .IXIC, meanwhile, it was only the poorest presidential election week since 2000, which had ended without any resolution to the disputed contest between George W. Bush and Al Gore. STOCKS IN THE THREE DAYS AFTER A PRESIDENTIAL ELECTION
The following table shows the percentage rise or decline in the Dow Jones industrial average, Standard & Poor's 500 index and Nasdaq composite index in the last three days of the week of a U.S presidential election, as well as who won the Election Day vote. Year Dow S&P Nasdaq President elect 2008 -7.08 -7.43 -7.46 Barack Obama 2004 +3.51 +3.15 +2.73 George W. Bush 2000 -3.19 -4.60 -11.32 No decision: G.W. Bush v Al Gore* 1996 +2.28 +2.34 +2.31 William Clinton 1992 -0.38 -0.56 +2.02 William Clinton 1988 -2.84 -2.63 -1.34 George H. W. Bush 1984 -2.02 -1.65 -0.42 Ronald Reagan 1980 -0.51 +0.11 +0.19 Ronald Reagan 1976 -2.38 -2.21 -1.02 James Carter 1972 +1.06 -0.22 -0.34 Richard Nixon 1968 +1.35 +0.82 --- Richard Nixon 1964 +0.16 +0.06 --- Lyndon Johnson 1960 +1.84 +1.38 --- John Kennedy 1956 -2.02 -2.65 --- Dwight Eisenhower 1952 +1.20 +0.73 --- Dwight Eisenhower 1948 -6.00 -7.16 --- Harry Truman 1944 +0.11 +0.31 --- Franklin Roosevelt 1940 +1.06 +0.81 --- Franklin Roosevelt 1936 +2.79 +1.40 --- Franklin Roosevelt 1932 +5.34 +8.02 --- Franklin Roosevelt 1928 +2.13 +1.99 --- Herbert Hoover 1924 +0.93 --- --- Calvin Coolidge 1920 -2.34 --- --- Warren Harding 1916 +0.41 --- --- Woodrow Wilson 1912 +1.13 --- --- Woodrow Wilson 1908 +5.28 --- --- William Taft 1904 +2.75 --- --- Theodore Roosevelt 1900 +7.03 --- --- William McKinley 1896 +5.86 --- --- William McKinley STOCKS IN A PRESIDENTIAL ELECTION WEEK
The following table shows the percentage rise or decline in the Dow Jones industrial average, Standard & Poor's 500 index and Nasdaq composite index for the full week of a U.S presidential election and who won the Election Day vote. Year Dow S&P Nasdaq President elect 2008 -4.09 -3.92 -4.30 Barack Obama 2004 +3.59 +3.18 +3.24 George W. Bush 2000 -1.99 -4.26 -12.24 No decision: G.W. Bush v Al Gore* 1996 +3.29 +3.84 +2.92 William Clinton 1992 +0.43 -0.26 +1.93 William Clinton 1988 -3.67 -3.04 -1.91 George H. W. Bush 1984 +0.19 +0.11 +0.64 Ronald Reagan 1980 +0.86 +1.34 +0.38 Ronald Reagan 1976 -2.27 -2.02 -0.97 James Carter 1972 +1.13 -0.43 -0.16 Richard Nixon 1968 +1.11 +0.86 --- Richard Nixon 1964 +0.43 +0.44 --- Lyndon Johnson 1960 +2.10 +1.77 --- John Kennedy 1956 -1.04 -1.36 --- Dwight Eisenhower 1952 +1.57 +1.06 --- Dwight Eisenhower 1948 -5.26 -6.49 --- Harry Truman 1944 +0.63 +0.70 --- Franklin Roosevelt 1940 +1.66 +1.35 --- Franklin Roosevelt 1936 +2.51 +1.16 --- Franklin Roosevelt 1932 +10.56 +11.63 --- Franklin Roosevelt 1928 +3.41 +2.73 --- Herbert Hoover 1924 +0.77 --- --- Calvin Coolidge 1920 -1.88 --- --- Warren Harding 1916 +1.29 --- --- Woodrow Wilson 1912 +0.88 --- --- Woodrow Wilson 1908 +5.26 --- --- William Taft 1904 +4.16 --- --- Theodore Roosevelt 1900 +9.97 --- --- William McKinley 1896 +9.97 --- --- William McKinley * George W. Bush ultimately was determined the winner of the 2000 election. Source: Reuters EcoWin
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