Gains All Round As Dow And S&P Set New Records

News | 2021-03-17

Gains All Round As Dow And S&P Set New Records

The Dow, S&P, and Nasdaq all finished Wednesday higher than they had started. President Joe Biden has now seen all 3 stock indexes rise since he took office on January 20th.

The Dow has gained almost 6%, the S&P more than 3%, while the Nasdaq has ticked into positive territory.

*Table showing the state of key economic metrics during the presidency of Joe Biden as of 17th March 2021*

Biden still trails predecessor Donald Trump on all 3 indexes after 57 days of their presidencies. He has, however, seen the gap reduce. It is now a negligible amount on the Dow, but a more significant 6.01% on the Nasdaq.

*Table comparing the performance of the major stock indexes during the first 57 days of the presidencies of Joe Biden and Donald Trump*

Oddly enough, the lead over his Democrat predecessor Barack Obama has reduced significantly. It is still substantial on all 3 indexes but has dropped roughly one percentage point following what was a good day 57 on the stock market for Obama 12 years ago.

Table comparing the performance of the major stock indexes during the first 57 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.