Comparison of stock market performance under Trump 2.0 and previous administrations
Axios · September 20, 2026Original source ↗

What happened
The S&P 500 increased by nearly 27.6% during President Trump's second term, slightly lower than the 28.5% rise during his first term. Trump 2.0 outperformed former President Biden but lagged behind former President Obama, showing varied performance across different stock indices including the Dow Jones Industrial Average and Nasdaq Composite.
Why it matters
The stock market is often viewed as an indicator of economic performance, influencing public perception and policy.
How this story affects people
How does this story affect you if you are an investor in the stock market?
The performance of the S&P 500 and other indices can directly impact your investment portfolio's value. A strong market may lead to increased wealth and confidence in economic conditions, while underperformance compared to previous administrations could influence your investment strategies.
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