S&P 500 Surges Post-Inauguration
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stock marketMarketWatch
•Here’s how stocks have performed under Biden and Harris vs. under Trump
83% Informative
The S&P 500 as of Thursday ’s close, has gained 50% since Biden and Harris were inaugurated on Jan. 20, 2021 .
The equity benchmark lost ground in 2022 , tumbling 19% during that year , when it was hurt by the Fed 's push to raise interest rates in order to fight inflation.
A major driver during the two most recent administrations has been heavy spending.
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