For nearly every six month period under Biden, my 401(k) went up.
AI Overview
Under President Biden, the stock market, as measured by key indexes like the S&P 500, Dow Jones Industrial Average (DJIA), and Nasdaq Composite, has experienced significant volatility and notable gains, though overall performance hasn't been as strong as under some previous presidents. Here's a breakdown:
Performance of Key Indexes:
S&P 500: The S&P 500, a broad market index, saw a gain of over 55% during Biden's term.
Dow Jones Industrial Average (DJIA): The Dow, representing 30 blue-chip stocks, advanced more than 39% during Biden's tenure.
Nasdaq Composite: This tech-heavy index saw a gain of roughly 48.7% under Biden.