All three main US stock indexes closed up by over 1% on day 16 of Joe Biden’s presidency and are now higher than when he took office from Donald Trump. The Nasdaq gained the most once again with a 1.23% rise. The S&P (up 1.09%) and Dow (up 1.08%) were also up.
This means that Biden has retaken the position he surrendered to Trump yesterday in the comparison stakes on the S&P. He has increased his lead on the Nasdaq to almost 2% and cut Trump’s lead on the Dow to 1.62%.
If we compare Biden to Barack Obama, then Biden’s impressive lead continues on all three indexes. He has a lead of over 5% on the Nasdaq, over 4% on the Dow, and 3.7% on the S&P.
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.