Stock Indexes See Solid Gains

All 3 of the main US stock indexes ended higher Thursday with the Dow gaining the most, ending 0.93% higher for the day. The S&P was up a healthy 0.82% while the Nasdaq ended 0.37% higher despite running in the red for much of the day.

The S&P and Dow Jones have each gained more than 10% since Joe Biden took office on January 20th. The Nasdaq has endured a more difficult time and has grown a little over 3% in the same timeframe.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 6th May 2021

Biden has improved his position compared to Donald Trump on all 3 indexes since yesterday. After 107 days of their respective presidencies, the Dow and S&P have each grown around 5% more under Biden than they had under Trump. Trump has a near 7% lead on the Nasdaq.

Table comparing the performance of the major stock indexes during the first 107 days of the presidencies of Joe Biden and Donald Trump

Biden’s lead over Barack Obama on the S&P has reduced by almost 1% since yesterday, while his lead on the Dow is down slightly. Obama’s large lead on the Nasdaq comparison is virtually unchanged.

Table comparing the performance of the major stock indexes during the first 107 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.