The Dow stock index closed up 1.46% to end on more than 32,000 points for the first time, while the S&P ended the day 0.60% higher. The Nasdaq continued its correction, losing 0.04%.

This means that the Dow has now gained 3.56% since Joe Biden took office as president, whereas the Nasdaq has lost 3.0% as the indexes’ fortunes continue to diverge.

Biden still trails predecessor Donald Trump in terms of gains made at the same stage of their presidencies, although his relative position has improved from a couple of days ago. After 50 days, his gap on the Nasdaq is less than 9%, while the Dow has grown by 2.37 percentage points less, or roughly two-thirds as much.

Biden continues to hold a strong lead over his Democratic predecessor as president, Barack Obama, although this lead has reduced slightly.

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.