All 3 US stock indexes suffered falls Monday, the Dow and S&P dropping back from the record highs they recorded last week. The former was down 0.36% by the close, while the S&P dropped 0.53%. The Nasdaq was down 0.98%.
Despite the day’s losses, all 3 indexes have grown strongly since Joe Biden took office in January. The Dow remains the best performing index, up over 9% since then.
After 90 days of their presidencies, the Dow and S&P have grown more under Biden than they had under Donald Trump. Biden’s lead has reduced since Friday, by almost 1% on the S&P. A bigger change is on the Nasdaq, where Trump’s lead has increased by around 2%.
Biden has also seen his position relative to Barack Obama worsen. He still holds strong leads on the Dow and S&P but both are reduced; by more than 1% in the case of the S&P. Obama’s lead on the Nasdaq has grown by more than 1% since Friday.
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.