Stocks Fall on Day After Obama Re-election, but Not as Far as in 2008
The stock market plummeted in morning trading the day after President Barack Obama’s re-election, with the S&P 500 falling 1.9 percent and the Dow Jones Industrial Average both down 2 percent.
Those numbers, however, may not be a ringing indictment of President Obama’s second term: according to Bespoke Investment Group (hat tip to Sam Ro at Business Insider), today’s losses appear to be an amplification of a recent trend: Read More
