Biden Leads Trump On Two Of Three Indexes As Stocks Rise Again

It was another day of big gains on the stock market as all three of the main indexes saw gains of over 1%. The S&P 500 rose 1.39%, the Dow by 1.57% and the Nasdaq by 1.56%.

That means that after 14 days in office Biden now has net gains on both the Nasdaq and the S&P of 3.34% and 0.98% respectively, while he is still down 0.54% on the position he inherited from Donald Trump on the Dow.

Table showing Joe Biden’s performance on the main three stock indexes since taking office as of 2nd February 2021

Biden has now overturned Trump’s lead on two out of the three indexes. Trump had increased the Dow by an extra 1.32% at the same stage in his presidency, but yesterday’s leads on the Nasdaq and S&P have been reversed. Biden now leads Trump by 1.61% on the former and 0.22% on the latter.

Table comparing the performances of stock market indexes after 14 days of Biden and Trump presidencies

Biden has enjoyed a better start on the stock market than the man he was deputy to for eight years and leads Barack Obama comfortably on all three indexes. He enjoys leads of more than 5% on the Nasdaq and closing on for 4% on the Dow and S&P.

Table comparing Barack Obama and Joe Biden on key metrics after 14 days of their presidencies

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.