Stocks Jump To End The Week

Stocks jumped Friday to end a turbulent week on a high. The Nasdaq was up the most with a 2.32% gain. The S&P and Dow Jones were up 1.49% and 1.06% respectively.

The Nasdaq is now back in positive territory under President Joe Biden following a couple of days in the red earlier in the week. The Dow’s gains, meanwhile, are back above 10%, while the S&P’s are closing in on that mark.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 14th May 2021

Today’s gains are all good news for Biden on his comparison with predecessor Donald Trump. He has seen Trump’s lead on the Nasdaq reduced by more than 2%, while Biden’s leads on the Dow and S&P have increased by more than 1% apiece.

Table comparing the performance of the major stock indexes during the first 115 days of the presidencies of Joe Biden and Donald Trump

Biden has also improved his position compared to Barack Obama after 115 days of their respective presidencies, although not by nearly as much as with Trump. All 3 indexes have seen a few tenths of a percent shift in Biden’s favor.

Table comparing the performance of the major stock indexes during the first 115 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.