Biden's stock market topped Trump in 2021, but 2022 has been a different story.
The S&P 500 has lost value during President Biden's term, whereas it was in positive territory at this point in the terms of formerThe S&P 500 is down 5.6% between the last market close before Biden's inauguration and this past Friday's market close.
The Dow Jones Industrial Average is off 4.19% over the same period, while the tech-heavy Nasdaq has shed 21.4%.It can, however, affect Americans' perceptions of the economy, particularly when they see retirement accounts rise or fall.
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