Biden Loses Ground To Obama And Trump On Stock Comparison

There was little change on the 3 main US stock indexes on the first day back after the holiday weekend. The Dow Jones gained 0.13%, but both the Nasdaq and S&P lost a small amount of ground. The former ended 0.09% lower, and the latter dropped 0.05% despite spending much of the day in the green.

The Dow continues to close in on 12% growth under President Joe Biden, while the Nasdaq’s gains are only a little more than a third of that.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 1st June 2021

Biden has lost a bit of ground in his comparison with Donald Trump, although the loss since Friday is less than 1% on each index. Biden now trails Trump by almost 9% on the Nasdaq comparison, while his leads on the Dow and S&P have shrunk.

Table comparing the performance of the major stock indexes during the first 133 days of the presidencies of Joe Biden and Donald Trump

There has, once again, been far more significant change in Biden’s comparison with Barack Obama. So much so that a Biden lead of 4% on the S&P has turned into a small lead for Obama. Obama’s lead on the Nasdaq has also shot up by more than 5%, while Biden’s remaining lead on the Dow has been whittled down by almost 4%.

Table comparing the performance of the major stock indexes during the first 133 days of the presidencies of Joe Biden and Barack Obama

To see more presidential performance data such as GDP or jobs growth and comparisons, visit us at Facts First, the only non-opinion based presidential performance site on the web.