How stocks performed during Biden's first 100 days

Portland OR

Description

President Biden is wrapping up a historic first 100 days as president of the United States. With the Dow up 3375 points, or 11%, it would be the second best 100 days' performance in 100 years — handily beating the median Dow return of 2% and the average of 5%. Only former President Franklin D. Roosevelt's sky-high return of 75% in the 1930s fared better. "Love him or hate him, stocks have voted and they love him... Considering stocks also had their best rally ever from Election Day until the inauguration, the bulls have to be smiling under President Biden," said Ryan Detrick, chief market strategist and senior vice president at LPL Financial.