What was the Dow when Obama became president?
When Barack Obama was sworn into office as the forty-fourth President of the United States on January 20, 2009, the Dow Jones Industrial Average closed at 7,949.09, dropping sharply by over four percent during an intense session. The nation was in the grip of the devastating 2008 global financial crisis and the Great Recession. The stock market continued to experience extreme downward pressure and high volatility over the subsequent weeks as economic indicators worsened, eventually hitting its cyclical bear market low in March 2009 before embarking on a historic multi-year bull market recovery.
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