Bidens Stock Market Returns Continue to Trounce Trump

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President Biden and President Trump. Photos by JIM WATSON and SAUL LOEB / AFP

The AFP via Getty Images

Even in the cases of various Delta, hospitals and deaths are hitting levels not seen in months, along with concerns that the Fed will slow asset purchases next year, the The S&P 500 and the Nasdaq closed at record highs on Friday. By President Trumps ’favorite measure of success, President Bidens after the election and inauguration of stock market gains beat Trumps the equivalent of a nine -month comeback. The stock market did not crash under Biden as Trump predicted as seen in the debate video.

All three major indices, the Dow 30 Industrials, S&P 500 and the NASDAQ generated higher percentage increases from their respective election days until late August. Included in the outperformance of Bidens from election day on Nov. 3 and on the Friday after the election because the race was not called until the weekend. Bidens ’return also defeated the Trumps from Jan. 19, a day before they were inaugurated.

With returns from the time the election was called in favor of Bidens until late August compared to when Trump was called the winner in the same timeframe the Dow, S&P 500 and the NASDAQ rose 6.2%, 14.3% and 6.5% more yet under Biden, respectively.

Bidens Dow has been a solid outperformer compared to Trump

On Tuesday of 2016 the election was held between Donald Trump and Hillary Clinton the Dow 30 Industrials closed at 18,333. The Index responded positively to Trumps victory, which he called the same night, and continued to rise until early August but ended a few weeks later.

From Tuesday, November 8, close: Up to 3,481 or 19.0% From January 19 (one day before the Inauguration): Up to 2,081 or 10.5%

Dow performance under President Trump

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On Tuesday’s election between Trump and Biden the Index closed at 28,323. It also increased over the next three days that Biden took the lead but it hasn’t been called yet. However, on Monday after the election it was called that the index had been papped upwards and continued to rise except for some sharp downturn that quickly reversed. Bidens ’return has been better by 6.2% since the election was called and 4.1% since he was inaugurated.

From Tuesday, November 3, close: Up 7,975 or 29.0% From Friday, November 6, close: Up 7,131 or 25.2% From January 19 (day before the Inauguration): Up 4,524 or 14.6%

Dow performance under President Biden

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The S&P 500 is Bidens biggest performance compared to Trump

Trump saw a smaller gain in the S&P 500 compared to the Dow 30. It rose 14.2% from his election day and 7.9% from his inauguration until late August 2017.

From Tuesday, November 8, close: Up to 303 or 14.2% From January 19 (one day before the Inauguration): Up to 179 or 7.9%

Performance of the S&P 500 under President Trump

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Between the Bidens election and last Friday the S&P 500 return was better than the Dows. Bidens ’market return is again significantly above Trumps’ 14.3% since the election was called and 10.8% since his inauguration.

From Tuesday, November 3, close: Up to 1,140 or 33.8% From Friday, November 6, close: Up to 1,000 or 28.5% From January 19 (day before the Inauguration): Up to 710 or 18.7%

Performance of the S&P 500 under President Biden

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The NASDAQ is Trump’s best Index but still caught up with Bidens

The post-election to late August timeframe saw the NASDAQ with the highest performing Index for Trump, coming in at 20.6%, still short of Bidens 27.2%.

From Tuesday, November 8, close: Up to 1,072 or 20.6% From January 19 (one day before the Inauguration): Up to 726 or 13.1%

Nasdaq performance under President Trump

StockCharts.com

Trump’s return of 13.1% since he was inaugurated is the measure closest to Biden, which rose 14.6%.

From Tuesday, November 3, close: Up to 3,969 or 35.6% From Friday, November 6, close: Up to 3,234 or 27.2% From January 19 (day before the Inauguration): Up to 1,932 or 14.6%

Nasdaq performance under President Biden

StockCharts.com

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