Stocks enjoyed an excellent end to the week with a bumper set of gains on Friday. The Nasdaq climbed 1.47%, while the S&P gained 0.88%. The Dow ended 0.52% higher.
All of which spells good news for the stock market’s record under the presidency of Joe Biden. The Dow has now surged past 12% growth, with the S&P not too far behind. The Nasdaq is some way behind them, but is closing in on 5% growth since inauguration day in January.
Biden has improved his position compared to Donald Trump. Trump’s lead on the Nasdaq has dropped back below 10%, while Biden’s leads on the Dow and S&P are both up from yesterday.
Biden has actually lost a small amount of ground on each index in his comparison with Barack Obama. After 136 days of their respective presidencies the growth of the Nasdaq under Biden is dwarfed by the more than 20% growth of that same index under 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.