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Trump stock market performance eclipsed by Obama and Bush

President Trump regularly boasts about the stock market's strong performance since his inauguration, including how the Dow Jones Industrial Average is at a record high. What Trump hasn't noted, however, is that Barack Obama and George H.W. Bush oversaw greater stock market expansion during their first six months in office, as judged by percentage growth of the S&P 500.

Context: Obama took office in the midst of an economic recession, so much of his S&P 500 increase was a rebound from the depths. Trump, on the other hand, inherited an already-growing market that has accelerated since his inauguration.

Data: S&P Global Market Intelligence, Yahoo Finance; Chart: Andrew Witherspoon / Axios

Axios 10 hours ago
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Axios 8 hours ago
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North Korea says it is stopping nuclear and missile testing

Kim Jong-un sits at a desk.
Kim Jong-un. Photo: STR/AFP/Getty Images

North Korean leader Kim Jong-un has announced the country will stop conducting nuclear tests and launches of intercontinental ballistic missiles starting April 21, and shut down a nuclear test site in the north side of the country, through a broadcast on the state news agency KCNA reports, and President Trump announced in a tweet, later adding quotes from the message.