Dow And S&P Gain But Nasdaq Loses Ground

The Dow and S&P started the week on a positive note by recording gains Monday. The former led the charge with a 0.70% rise on the day, while the S&P was up 0.27%. The Nasdaq, meanwhile, gained early but lost later to end the day down 0.48% on Friday’s closing value.

President Joe Biden has seen the Dow and S&P gain more than 10% since he took office in January. The Nasdaq is also significantly up, but by only about half that amount.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 3rd May 2021

Biden’s record on the Dow and S&P compares favorably to Donald Trump’s. He continues, however, to have a deficit on the Nasdaq after 104 days of their presidencies.

Table comparing the performance of the major stock indexes during the first 104 days of the presidencies of Joe Biden and Donald Trump

Biden has even larger leads on the Dow and S&P when he is compared to Barack Obama at the same stage in their presidencies. He also has a larger deficit on the Nasdaq.

Table comparing the performance of the major stock indexes during the first 104 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.