There were again record closing numbers for both the Dow and S&P as all 3 of the main US stock indexes ended the week strongly. The Dow closed up 0.48% on the day, while the S&P gained 0.36%. The Nasdaq closed up 0.10% after spending much of the day in the red.
The Dow has now gained almost 10% since Joe Biden took office as president. The S&P is not far behind, while the Nasdaq is up over 4% since inauguration day.
Biden continues to hold strong leads over Donald Trump on the Dow and S&P at the 87-day-point of their respective presidencies. Trump continues to cling on to a slender advantage on the Nasdaq.
Barack Obama had a good day 87 on the markets in his first presidency. Therefore, Biden’s deficit to him has more than doubled on the Nasdaq. His leads on the other 2 indexes have decreased. His lead on the Dow has dropped a few tenths of a percent since yesterday, while the S&P lead has dropped more than 1%.
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.