By the numbers: The S&P 500 rose 19.3% between the market close before Biden’s inauguration and yesterday’s market close, compared to a 24.1% increase for Trump during the similar period.
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The S&P 500 had done better under most of Biden’s first year than under Trump’s, but the “lead” flipped in recent weeks due to a market selloff.
Both the Dow Jones Industrial Average and Nasdaq Composite also grew much slower under Biden than under Trump.
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