Stocks Fall To Start The Week

All 3 US stock indexes suffered falls Monday, the Dow and S&P dropping back from the record highs they recorded last week. The former was down 0.36% by the close, while the S&P dropped 0.53%. The Nasdaq was down 0.98%.

Despite the day’s losses, all 3 indexes have grown strongly since Joe Biden took office in January. The Dow remains the best performing index, up over 9% since then.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 19th April 2021

After 90 days of their presidencies, the Dow and S&P have grown more under Biden than they had under Donald Trump. Biden’s lead has reduced since Friday, by almost 1% on the S&P. A bigger change is on the Nasdaq, where Trump’s lead has increased by around 2%.

Table comparing the performance of the major stock indexes during the first 90 days of the presidencies of Joe Biden and Donald Trump

Biden has also seen his position relative to Barack Obama worsen. He still holds strong leads on the Dow and S&P but both are reduced; by more than 1% in the case of the S&P. Obama’s lead on the Nasdaq has grown by more than 1% since Friday.

Table comparing the performance of the major stock indexes during the first 90 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.