It turns out that, if we define “the stock market” as the benchmark Dow Jones Industrial Average DJIA, +0.37% he was right on the money: Factset The Dow rose 25%, with dividends reinvested, from the close on Nov. 8, 2016, through the close on Oct. 13, 2017. The S&P 500 Index SPX, +0.18% trailed the Dow, returning 22%, according to FactSet.via