The 3 main US stock indexes made up some of the ground lost earlier in the week with a string of gains on Thursday. The Nasdaq led the charge with an impressive gain of 1.77% on the day. The S&P was up 1.06% and the Dow Jones 0.55%.
The Nasdaq has, therefore, trebled its gains under the presidency of Joe Biden in a single day. The tech-based index has now gained more than 2.5% since January 20th. The Dow’s gains have tipped back above 10%.
Biden has also improved his position compared to Donald Trump at the same stage in their presidencies. Trump’s lead on the Nasdaq has reduced by almost 2% to a little over 7%. Biden has increased leads of over 4% apiece on the S&P and Dow Jones.
Biden has improved his position compared to Barack Obama by an even greater amount, including more than doubling his lead on the S&P. Biden’s lead on the Dow has grown by more than 1%, while Obama has seen his advantage on the Nasdaq reduce by more than 2%.
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.