Stocks Tick Down; Biden Loses Ground To Trump

The 3 main US stock indexes ended marginally down Tuesday to undo some of yesterday’s gains. The Dow was down 0.24% and the S&P 0.21%. The Nasdaq was down a negligible 0.03% despite having been in growth territory for much of the day.

The Dow and S&P continue to have gained more than 10% under Joe Biden’s presidency. The Nasdaq has made some progress of late but still has gains of around a third of that amount.

Table showing the state of key economic metrics during the presidency of Joe Biden as of 25th May 2021

Biden has lost around three-quarters of a percentage point on each index comparison with Donald Trump since yesterday. He is now more than 8% behind Trump’s figure on the Nasdaq at the same point in their presidencies. Leads for Biden on the Dow and S&P have been trimmed.

Table comparing the performance of the major stock indexes during the first 126 days of the presidencies of Joe Biden and Donald Trump

There has been little change on the comparison between Biden and Barack Obama after 126 days of their presidencies. Biden’s leads on the Dow and S&P have ticked down by a couple of tenths of a percent each.

Table comparing the performance of the major stock indexes during the first 126 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.