All 3 major US stock indexes closed more than 1% up as the markets digested good economic data, including a better-than-expected jobs report. The Nasdaq led the gains with a 1.67% climb. The Dow and S&P set new record highs, closing up by 1.13% and 1.44% respectively.
President Joe Biden has now seen the Dow climb by 7.5% since taking office. The S&P is up by almost 6%, while the Nasdaq now has gains of almost 2% following a slow run.
There is big change on the Biden and Donald Trump comparison too. Both the Dow and S&P have gained more after 76 days of President Biden than they had under his predecessor. Trump continues to have a lead, albeit a reduced one, on the tech-based Nasdaq stock index.
Biden’s position relative to Barack Obama has worsened over the Easter weekend but remains strong. His leads on the Dow and S&P have reduced a little but are still significant. He trails his Democratic Party predecessor on the Nasdaq by over 4% after 76 days of their presidencies.
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.