By one of President Trump’s favorite measures of success Biden’s post-election stock market gains have beaten Trump’s equivalent 2016 returns. The Index responded positively to Trump’s victory, called on the same evening, and continued to rise until mid-December before trailing off the last few days. November 8, 2016 close: 18,333December 31, 2016 close: 19,763, up 1,430 points or 7.8%Dow 30 Industrials StockCharts.comOn the Tuesday of the election between Trump and Biden the Index closed at 28,323. November 8, 2016 close: 2,140December 31, 2016 close: 2,239, up 99 points or 4.6%S&P 500 StockCharts.comDuring the almost two months between Biden’s election and December 31 the S&P 500 performed very similar to the Dow. November 3, 2020 close: 11,161November 6, 2020 close: 11,895December 31, 2020 close: 12,888It increased 1,728 points or 15.5% from November 3And increased 993 points or 8.3% from November 6Both timeframes easily beat Trump’s 3.7% return

Source: Forbes January 01, 2021 00:00 UTC