Stock Market Collapse: Obama Reelection Not To Blame. Well, we hope you are happy with yourself, America: You reelected President Obama and destroyed the stock market. That's what a bunch of angry Wall Streeters, who unsuccessfully sunk millions into defeating Obama, would like you to believe, anyway. The truth is a bit more complicated. The Dow Jones Industrial Average closed Wednesday down 312.95 points, or nearly 2.4 percent, its worst selloff of the year. It closed below 13,000 for the first time in three months. The Standard & Poor's 500-stock index also tumbled 2.4 percent, and the tech-heavy Nasdaq composite index fell nearly 2.5 percent.
Throughout the election, Wall Street types took to CNBC to sound the dour warnings that a second Obama term would immediately cause all of your money to catch on fire, because of how much Obama hates business or something. There are just a few problems with their theory. And as Business Insider pointed out, stock futures were rising Wednesday morning, even after Obama's fairly resounding victory.
Stock market. Size of market[edit] Stocks are partitioned in various ways. One common way is by the country where the company is domiciled. For example, Nestle, Roche, and Novartis are domiciled in Switzerland, so they are part of the Swiss stock market. The size of the world stock market was estimated at about $36.6 trillion at the beginning of October 2008.[1] The total world derivatives market has been estimated at about $791 trillion face or nominal value,[2] 11 times the size of the entire world economy.[3] The value of the derivatives market, because it is stated in terms of notional values, cannot be directly compared to a stock or a fixed income security, which traditionally refers to an actual value.
Moreover, the vast majority of derivatives 'cancel' each other out (i.e., a derivative 'bet' on an event occurring is offset by a comparable derivative 'bet' on the event not occurring). Many such relatively illiquid securities are valued as marked to model, rather than an actual market price. Home | New York Stock Exchange. NASDAQ Stock Market - Stock Quotes - Stock Exchange News - NASDAQ.com. Stock Market Data - Dow Jones, Nasdaq, S&P 500.