Nasdaq Dips On Slow Day

The Nasdaq dropped 0.34% of its value on what was a relatively uneventful day on the stock market. The Dow was up a negligible 0.01%, while the S&P lost a similarly negligible 0.02%.

Today’s small moves were enough to drop the Nasdaq’s gains back below 5% under the presidency of Joe Biden. The gains for the Dow and S&P remain close to 9%.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 27th April 2021

There was also little change in the comparison between Biden and predecessor Donald Trump. Biden’s deficit on the Nasdaq increased by less than 1%, while his leads on the Dow and S&P reduced fractionally.

Table comparing the performance of the major stock indexes during the first 98 days of the presidencies of Joe Biden and Donald Trump

There was only a little more change in Biden’s comparison with Barack Obama. He has reduced Obama’s lead on the Nasdaq by a few tenths of a percentage point and increased his leads on the Dow and S&P by at least a similar amount.

Table comparing the performance of the major stock indexes during the first 98 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.