Trump 2.0 stock market underperforms Trump 1.0
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U.S. stocks performed worse during the first year of President Trump's second term than during the same period of his first term.
- The S&P 500 also underperformed the first year of the Biden and Obama presidencies.
By the numbers: The S&P 500 climbed 15.7% between Trump's second inauguration day and last Friday, which marked the final trading day of his first year in office.
- It was up 24.1% during the first year of his prior term, and up 19.3% during Biden's first year.
- Obama outperformed them both with a 35.3% gain.
Zoom in: Other indices were kinder to Trump 2.0, at least compared to his Democratic predecessors.
- The Dow Jones Industrial Average was up 13.5% over the past year, compared to 32.1% for Trump 1.0, 13.3% for Biden, and 58% for Obama.
- The Nasdaq climbed 19.8% for Trump 2.0, compared to 32.4% for Trump 1.0, 9.9% for Biden, and 4.5% for Obama.
Catch up quick: Stocks experienced a major sell-off on Tuesday, with the S&P 500 shedding more than 2%.
The bottom line: Trump 1.0 is besting the stock market performance of Trump 2.0. At least for now.
Editor's note: The story text has been updated to accurately reflect the gain of 35.3% during President Obama's first year in office (not 35.9%).
