Gains All Round And More Records Set

There were again record closing numbers for both the Dow and S&P as all 3 of the main US stock indexes ended the week strongly. The Dow closed up 0.48% on the day, while the S&P gained 0.36%. The Nasdaq closed up 0.10% after spending much of the day in the red.

The Dow has now gained almost 10% since Joe Biden took office as president. The S&P is not far behind, while the Nasdaq is up over 4% since inauguration day.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 16th April 2021

Biden continues to hold strong leads over Donald Trump on the Dow and S&P at the 87-day-point of their respective presidencies. Trump continues to cling on to a slender advantage on the Nasdaq.

Table comparing the performance of the major stock indexes during the first 87 days of the presidencies of Joe Biden and Donald Trump

Barack Obama had a good day 87 on the markets in his first presidency. Therefore, Biden’s deficit to him has more than doubled on the Nasdaq. His leads on the other 2 indexes have decreased. His lead on the Dow has dropped a few tenths of a percent since yesterday, while the S&P lead has dropped more than 1%.

Table comparing the performance of the major stock indexes during the first 87 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.