Dow And S&P End Week At Record Highs

News | 2021-04-09

Dow And S&P End Week At Record Highs

All 3 stock indexes gained Friday to close the week strongly. There were new closing highs for both the Dow and S&P which were up 0.89% and 0.77% respectively. The Nasdaq closed up 0.51%.

Today’s stock market performance has further extended the gains that all 3 indexes have seen under President Joe Biden. The Dow’s gains since January 20th have passed 8%, while the S&P has gained more than 7%.

*Table showing the state of key economic metrics during the presidency of Joe Biden as of 9th April 2021*

Biden has extended his advantage over Donald Trump on both the Dow and S&P. The Nasdaq had still gained more after 80 days of Trump’s presidency than it has for Biden but the gap has narrowed.

*Table comparing the performance of the major stock indexes during the first 80 days of the presidencies of Joe Biden and* Donald Trump

Again, the picture compared to Barack Obama is rather different. The stock market was going through a good spell at this stage in Obama’s first term. This means that Biden’s deficit on the Nasdaq has grown more than 3%, while his leads on the Dow and S&P have reduced by more than 2%.

*Table comparing the performance of the major stock indexes during the first 80 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.