Long Before Today's Rally, the Stock Market Was a Favorite Topic For Donald Trump -- WSJ

Dow Jones00:45

By Gunjan Banerji

Donald Trump loved talking about the stock market during his first term in office. A blistering rally Wednesday after he won the presidency again could give him some new material.

Trump and his press secretaries mentioned the Dow Jones Industrial Average at least eight times in public comments, briefings or press releases in his first term, according to a database from the American Presidency Project at UC Santa Barbara.

That outpaces mentions by President Biden's current administration. As well as specifically discussing the Dow industrials, Trump also referred to the broader stock market many more times.

Take his remarks at a Thanksgiving Turkey Presentation ceremony in November 2020, when he said:

"And I just want to congratulate everybody. The Dow Jones Industrial Average just broke, for the first time in history, 30000... That's great for jobs, and it's good for everything."

The following month, he said:

"We set a new stock market record, but this one was great because the Dow Jones Industrial Average over-think of this-over 30000 for the first time ever, over the last couple of weeks. And yesterday it was 30200. Can you believe this?"

Investors piled into stocks Wednesday, sending major indexes toward fresh closing highs. The Dow added more than 1300 points.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 06, 2024 11:45 ET (16:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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A blistering rally Wednesday after he won the presidency again could give him some new material. \n</p>\n<p>\n     Trump and his press secretaries mentioned the Dow Jones Industrial Average at least eight times in public comments, briefings or press releases in his first term, according to a database from the American Presidency Project at UC Santa Barbara. \n</p>\n<p>\n     That outpaces mentions by President Biden's current administration. As well as specifically discussing the Dow industrials, Trump also referred to the broader stock market many more times. \n</p>\n<p>\n     Take his remarks at a Thanksgiving Turkey Presentation ceremony in November 2020, when he said: \n</p>\n<p>\n     \"And I just want to congratulate everybody. The Dow Jones Industrial Average just broke, for the first time in history, 30000... 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A blistering rally Wednesday after he won the presidency again could give him some new material. \n\n\n     Trump and his press secretaries mentioned the Dow Jones Industrial Average at least eight times in public comments, briefings or press releases in his first term, according to a database from the American Presidency Project at UC Santa Barbara. \n\n\n     That outpaces mentions by President Biden's current administration. As well as specifically discussing the Dow industrials, Trump also referred to the broader stock market many more times. \n\n\n     Take his remarks at a Thanksgiving Turkey Presentation ceremony in November 2020, when he said: \n\n\n     \"And I just want to congratulate everybody. The Dow Jones Industrial Average just broke, for the first time in history, 30000... 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