All 3 US stock indexes recorded strong gains Friday. The Dow and S&P again notched record closing highs with gains of 0.66% and 0.74% respectively. The Nasdaq recovered some of its recent lost ground and ended 0.88% higher on the day.

Analysts put the gains down to concerns over inflation and interest rate rises easing following a lower-than-expected jobs report for April.

The Dow’s gains have now ticked over 12% under President Joe Biden, with the S&P not far behind.

Unsurprisingly, Biden has improved his position compared to Donald Trump at the same stage of their respective presidencies. He has reduced Trump’s advantage on the Nasdaq by nearly 1% since yesterday, while his leads on the Dow and S&P have each increased by more than 0.5%.

The change in the comparison with Barack Obama is even starker. Biden has wiped more than 3% off Obama’s lead on the Nasdaq in the past 24 hours. He has also increased his leads on the Dow and S&P by around 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.