Biden Stock Market Outperforming Predecessors – So Far
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President Biden doesn’t publicly talk about stock market performance during his time in office, but he’s slightly outpacing his more boastful predecessor.
By the numbers: The S&P 500 increased by 4.6% during the first 50 trading days of the Biden presidency, from market close on Jan. 19 to market close on March 31. Trump’s first 50-day bump was 4.4%, whereas President Obama was down 6.1%.
Biden also outperformed Trump in terms of Dow Jones Industrial Average performance, but Trump topped Biden on NASDAQ Composite performance.
