U.S. stocks are about to close out Joe Biden’s era on a high note as the president bids farewell to the White House. The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 up around 54% since he took office on Jan.
"Biden inherited an economy that was flat on its back because of the pandemic, and he's bequeathing an economy that's flying high," said Mark Zandi, chief economist at Moody's Analytics. "Having said that, there are blemishes in the minds of many Americans ... They feel ripped off."
Joe Biden is ending his term as US President with S&P 500 up over 55% since January 2021, when he took office, according to a recent report. Over the same period, the Dow Jones Industrial Average advanced more than 39% and Nasdaq Composite jumped nearly 46%,
On an annualized basis, Biden’s Dow performance is slightly below the 50-year average, but higher than the average among 20th and 21st-century Democratic presidents. Among one-term presidents, the Dow’s performance under Biden is the worst since Jimmy Carter.
U.S. stocks are about to close out the Biden era on a high note as the president bids farewell to the White House.
Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% early Monday. The index is coming off its fourth losing week in the last five.
Asian shares mostly rose Tuesday, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Japan’s benchmark Nikkei 225 jumped 2.4% in morning trading to
The Fund seeks to provide investment results that correspond, before expenses, to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Fund holds a portfolio of the ...
President Joe Biden renewed his call for the Equal Right Amendment to be ratified, but is stopping short of taking any action on the matter in his final days in office. "With this action ...
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Biden is the 46th president of the United States and was sworn in on January 20, 2021. Advertisement The New York senator, who swallowed concerns for months and then stalled for time on sharing ...
The S&P 500 index gained 2.91% to just short of the 6000 mark, its best percentage gain since the week of Election Day ended on Nov. 8.