American presidents have rarely touted big gains in U. Trump has approvingly cited record gains in stocks in five tweets since his election, including Thursday morning. Great optimism for future of U. Stock market hits new high with longest winning streak in decades.

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Great level of confidence and optimism - even before tax plan rollout! The world was gloomy before I won - there was no hope.

Taking credit for a good economy, of course, is a venerable American tradition. Every American president does it. Obama never mentioned the stock market in any of his official presidential tweets after the twitter account was created in mid Nor did he mention the stock market in his private Twitter account last year.

Yet Obama touted stock market improvements in State of the Union speeches in , , and And in Obama told Congress: Before Obama presidents appearing before Congress rarely if ever mentioned stock prices. MarketWatch, for example, could not find a single instance dating to the early s.

Nor should it come as a surprise. Markets are fickle, often rising or falling for reasons unconnected to White House policies. The Trump economic scorecard.

Instead Spicer referred to general economic optimism. Jeffry Bartash is a reporter for MarketWatch in Washington. By using this site you agree to the Terms of Service , Privacy Policy , and Cookie Policy. Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information.

All quotes are in local exchange time. Real-time last sale data for U.

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