All 3 of the main US stock indexes gained ground Wednesday. The Nasdaq was up the most with a 0.59% rise. The S&P gained 0.19% and the Dow Jones 0.03%.
The tech-based Nasdaq has now gained more than 4% under President Joe Biden, with the Dow and S&P both over the 10% mark.
Biden has improved his position compared to Donald Trump on all 3 indexes since yesterday. He has reduced Trump’s lead on the Nasdaq by about 0.5% and increased his leads on the Dow and S&P by a small amount.
Biden has, however, lost considerable ground to Barack Obama following what was a good day 127 for the stock market during the latter’s presidency. Obama’s lead on the Nasdaq has increased by more than 3% to over 10%. Biden has also seen the leads he holds on the Dow and S&P trimmed by more than 2% apiece.
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.