Stocks Rise Again As Biden Retakes Lead Over Trump On S&P

News | 2021-02-04

Stocks Rise Again As Biden Retakes Lead Over Trump On S&P

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.

Table showing Joe Biden’s stock market performance after 16 days of his presidency

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%.

Table showing how Biden and Trump compare on all 3 stock indexes after 16 days of presidency

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.

Table comparing Biden to Obama after 16 days of presidency on the three main stock indexes

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.