Biden’s post-election stock market is beating Trump’s

It is not just the Electoral College or the total number of votes where President Trump is below President-elect Biden. According to one of President Trump’s favorite measures of success, Biden’s stock exchange earnings after the election have exceeded Trump’s equivalent returns in 2016.

The three main indices; the Dow 30 Industrials, the S&P 500 and the Nasdaq have all generated larger percentage increases from their respective election days through December 31. And Biden’s top performance includes from Election Day Nov. 3 to the Friday after the Election, as the race wasn’t called until the weekend.

The Dow Was Trump’s Best Performing Index, But It Hasn’t Made Biden Yet

On Tuesday 2016 the election between Donald Trump and Hillary Clinton took place, the Dow 30 Industrials closed at 18,333. The index responded positively to Trump’s victory, called the same night, and continued to rise until mid-December before disappearing in recent days.

• End of November 8, 2016: 18,333
• Closing as of December 31, 2016: 19,763, an increase of 1,430 points or 7.8%

On the Tuesday of the election between Trump and Biden, the index closed at 28,323. It also increased the next three days with Biden leading the way, but the race had not been called. However, on the following Monday, the index gapped to the upside and continued to rise steadily through the end of the year.

• Close of November 3, 2020: 27,480
• Close of November 6, 2020: 28,323
• End of December 31, 2020: 30,606

• It increased 3,126 points or 11.4% since November 3
• And it increased 2,283 points or 8.1% since November 6
• Both terms exceeded the 7.8% return of Trump

Biden’s margin was higher when looking at the S&P 500

Trump saw a smaller gain in the S&P 500 versus the Dow 30 from Election Day to December 31. It was located at 4.6%.

• Close November 8, 2016: 2140
• Closing at December 31, 2016: 2,239, 99 points more or 4.6%

During the nearly two months between Biden’s election and December 31, the S&P 500 performed very similarly to the Dow. Biden’s outperformance was greater than what happened with the Dow 30.

• Close of November 3, 2020: 3,369
• Close of November 6, 2020: 3,509
• End of December 31, 2020: 3,756

• It increased 387 points or 11.5% since November 3.
• And it increased 247 points or 7.0% since November 6
• Both terms exceed Trump’s 4.6% yield

The Nasdaq saw the biggest difference in Biden’s outperformance

From post-election to December 31, 2016, the time frame saw the Nasdaq with the lowest performance index for Trump, at 3.7%.

• Close of November 8, 2016: 5,193
• Closing as of December 31, 2016: 5,383, 190 points more or 3.7%

On the other hand, the Nasdaq was the best performing index for Biden.

• Close of November 3, 2020: 11,161
• Close November 6, 2020: 11,895
• End of December 31, 2020: 12,888

• It increased 1,728 points or 15.5% since November 3.
• And it increased 993 points or 8.3% since November 6
• Both terms easily beat Trump’s 3.7% yield