Stocks Dip On Eve Of Biden’s 100th Day In Office

There were losses across the board on the 3 main US stock indexes Wednesday. The Dow lost the most at 0.48%, while the Nasdaq dropped 0.28%. The S&P spent most of the day in positive territory but a late dip saw it end 0.08% down on the day.

President Joe Biden continue to have strong gains on all 3 indexes after 99 days in office. The S&P is now the strongest performing index during his presidency.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 28th April 2021

There has been little change in the comparison with Donald Trump. Trump’s lead on the Nasdaq has widened slightly, while Biden’s lead on the Dow has reduced slightly. Biden has, however, seen a small increase in his lead on the S&P.

Table comparing the performance of the major stock indexes during the first 99 days of the presidencies of Joe Biden and Donald Trump

It is a similar picture in Biden’s comparison with Barack Obama. The gaps on the Nasdaq and S&P have moved slightly in Biden’s favor, while the reverse is true for the Dow.

Table comparing the performance of the major stock indexes during the first 99 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.