Biden's Stock Market Performance Ends on a High Note, Trump’s Gains Still Larger

As Biden leaves office, the S&P 500 grew nearly 58% during his term, though it trailed Trump's first-term market gains.

Joe Biden’s presidency saw the S&P 500 rise by 57.9%, the Dow Jones Industrial Average by 40.2%, and the Nasdaq Composite by 47.1%.
Donald Trump’s first term saw higher stock market gains, with the S&P 500 up 66.5%, the Dow up 56.8%, and the Nasdaq up 137.5%.
Biden’s term began during the COVID-19 pandemic and included challenges like inflation, rising interest rates, and geopolitical tensions such as Russia’s invasion of Ukraine.
The latter half of Biden’s presidency was marked by a strong stock market rebound, driven by a tech sector boom and enthusiasm around artificial intelligence.
Experts note that while stock market performance is often used as a measure of presidential success, it is influenced by broader economic and global factors beyond presidential policies.