Monday was a mixed day for the stock market, with losses in 2 out of 3 key indexes. At the conclusion of trading, the NASDAQ was up 0.5%, while the Dow Jones was down 0.5% and the S&P 500 down 0.2%.
Monday was day 1418 since President Trump took office. During that span, the NASDAQ has grown by 125.9%, the Dow by 52.3%, and the S&P by 63.0%. These indexes are up 23.3%, 11.4%, and 13.4%, respectively, on an annualized basis over that same time period.
At day 1418 in the Obama presidency, the NASDAQ had increased by 94.7%, the Dow by 58.9%, and the S&P by 66.8%. Obama is leading Trump on the Dow Jones and S&P 500 stock market indexes, as well as GDP and jobs growth, while Trump is leading Obama on NASDAQ performance.
The story changes if we compare President Trump to former President George W. Bush. After 1418 days in the Bush presidency, the NASDAQ was down 23.7%, the Dow was down 1.4%, and the S&P down 12.3%. Trump is leading Bush on all three of the key stock market indexes.
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.