Stocks Mostly Improve; Biden Improves Position Compared To Trump And Obama

It was a relatively quiet day on the US stock market Thursday. The Dow was the biggest mover with a gain on 0.41%, while the S&P was up 0.12%. The Nasdaq dropped 0.01%.

The Dow Jones has now gained more than 11% under the presidency of Joe Biden, while the S&P is closing in on the same milestone. The Nasdaq, by contrast, has gained just over 4%.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 27th May 2021

Biden has gained marginally on both the Dow and S&P in his comparison with Donald Trump after 128 days of their presidencies. He still trails Trump by around 8% on the Nasdaq.

Table comparing the performance of the major stock indexes during the first 128 days of the presidencies of Joe Biden and Donald Trump

Biden has seen more significant improvements in his position compared to Democrat predecessor Barack Obama. Most notably, Biden’s advantage on the Dow comparison has increased by about 2.5% since yesterday to over 11%. His lead on the S&P has gone up by almost as much. Obama’s lead on the Nasdaq has dropped by a little over 1%.

Table comparing the performance of the major stock indexes during the first 128 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.