US stocks rebounded Thursday following their biggest slump for at least 11 weeks earlier this week. The Dow Jones was up the most at 1.29% with the S&P not far behind with a 1.22% rise. The Nasdaq gained 0.72%.
The Nasdaq remains in negative territory under President Joe Biden but its losses have been more than halved since yesterday. The Dow’s gains are back up to around 10%, with the S&P having gained more than 8% under Biden.
Biden has improved his position compared to Donald Trump on all 3 indexes. Trump has about an 11% lead on the Nasdaq, while Biden has smaller leads on both the Dow Jones and S&P.
Biden’s position compared to his Democratic predecessor Barack Obama has improved dramatically since yesterday. He has reduced Obama’s lead on the Nasdaq by more than 4%. Biden’s leads on both the Dow and S&P have increased by more than 3%.
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