Stocks Surge To Mark 100 Days Of President Biden

All 3 of the main US stock indexes ended Joe Biden’s 100th day of presidency in the green. The Dow was up the most at 0.71%, while the S&P gained 0.68%. Both indexes have gained more in Biden’s first 100 days than has been the case for any president since Franklin D Roosevelt in 1933.

The Nasdaq gained 0.22% today and has been slightly less impressive but still has a strong cumulative growth since Biden took office as president.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 29th April 2021

The comparison between Biden and Donald Trump has also moved in the incumbent’s favor on all 3 indexes by a few tenths of a percentage point. The Nasdaq performed better over the first 100 days of Trump’s presidency than it has for Biden but the reverse is true for both the Dow and S&P.

Table comparing the performance of the major stock indexes during the first 100 days of the presidencies of Joe Biden and Donald Trump

Interestingly, Biden’s comparison with Barack Obama has moved in the opposite direction. Obama’s lead on the Nasdaq has increased by more than 2%, while Biden’s leads on the Dow and S&P have each reduced by more than 1% since yesterday.

Table comparing the performance of the major stock indexes during the first 100 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.