Mixed Day For Biden Against Trump As Markets Edge Down

All 3 stock indexes ended the day in the red, although not by large amounts. The Nasdaq and S&P had spent much of the day in positive territory but lost out late on to end down by 0.09% and 0.18% respectively. The Dow enjoyed a much briefer spell in positive territory and finished down by 0.44%.

The Dow and S&P have each gained over 11% since Joe Biden became president. The Nasdaq has consistently lagged behind and has recorded a little over 5% growth.

Table showing the state of key economic metrics during the presidency of Joe Biden as of June 9th 2021

It was a mixed day for Biden in his comparison with predecessor Donald Trump. On the plus side, Trump’s lead on the Nasdaq has reduced by about 2% since yesterday. On the other side of the ledger, Biden’s lead on the Dow has dropped by about 1% and he is down around a tenth on the S&P comparison.

Table comparing the performance of the major stock indexes during the first 141 days of the presidencies of Joe Biden and Donald Trump

Biden has lost ground to Barack Obama on all 3 indexes. Obama’s large lead on the Nasdaq is up by over 1% in the past 24 hours. Biden’s leads on the Dow and S&P have shrunk by around 0.5% each.

Table comparing the performance of the major stock indexes during the first 141 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.