Stocks fell on all 3 major US stock indexes Tuesday. The Nasdaq fell 1.12% to almost completely reverse yesterday’s gains, while the Dow was down 0.94% and the S&P down 0.76%.

The Nasdaq has now lost almost 2% of its value since President Joe Biden took office. The Dow remains in positive territory, as does the S&P.

This means that President Joe Biden’s lead over Donald Trump on the Dow was short-lived. He now trails his predecessor by 0.72% at the same stage of their presidencies on that index. After 63 days, the Nasdaq had done more than 6% better under Trump, and the S&P more than 2% better.

Biden has also seen a worsening in his position compared to Barack Obama. Day 63 was obviously a good one for the stock market under Obama as a lead of over 6% for Biden on the Nasdaq yesterday has turned into a 3.43% lead for Obama today. It is a similar story elsewhere. Biden’s lead on the Dow has shrunk by almost 8%, while his S&P lead is down a similar amount.

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.