Stock Market Rises, Led By Tech; Biden Overtakes Trump On Dow Comparison

The tech-based Nasdaq stock index closed up 1.23% to lead a run of gains on the stock market Monday. The Dow was up 0.32%, while the S&P closed up 0.7%.

This means that the Nasdaq is almost back to where it was when Joe Biden took office January 20th. The Dow has gained almost 5% since then, while the S&P is up more than 2%.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 22nd March 2021

Today’s gains for Biden, coupled with what was a difficult day 62 for Trump, mean that Biden has seen the Dow do marginally better at the same stage in their presidencies. After 62 days, Biden has seen the Dow gain 0.24% more. Trump retains significant leads on the Nasdaq and S&P, although these have reduced significantly.

Table comparing the performance of the major stock indexes during the first 62 days of the presidencies of Joe Biden and Donald Trump

Biden’s already-impressive lead over Barack Obama has increased further. After 62 days, Biden’s Nasdaq advantage has increased by almost 5% to 6.08%, while his Dow lead has increased a couple of points to 17.93%. His lead on the S&P is up around 4%.

Table comparing the performance of the major stock indexes during the first 62 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.