Stock Indexes Edge Downwards

All 3 major US stock indexes dropped slightly Monday. The Nasdaq saw the biggest loss but still only dropped 0.36%. The Dow was down 0.16%, while the S&P lost just 0.02%.

It therefore remains the case that all 3 indexes have grown significantly since Joe Biden took office in January. The Dow remains the most impressive with an increase of over 8%.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 12th April 2021

Biden has continued to improve his position compared to Donald Trump. His relative position on all 3 indexes has improved by a few tenths of a percentage point over the weekend. He still trails Trump by more than 2% on the Nasdaq after 83 days in office.

Table comparing the performance of the major stock indexes during the first 83 days of the presidencies of Joe Biden and Donald Trump

Biden’s comparison with Barack Obama at the 83-day point in their presidencies has changed in the other direction since Friday, albeit only marginally. Obama’s lead on the Nasdaq is now over 5%.

Table comparing the performance of the major stock indexes during the first 83 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.