First-Year Trump 2.0 Stock Gains Lag Trump 1.0, Obama and Biden
Stocks under "Trump 2.0" have underperformed, with first-year gains lagging those seen during Trump 1.0 and the first years of Presidents Obama and Biden. Separately, major social media companies are facing trials alleging their platforms and technologies are designed to be addictive.
📌 Key Facts
- The S&P 500 rose 15.7% between Trump’s second inauguration day and the end of his first year back in office, versus 24.1% in his first term’s first year.
- Over the same first-year window, the S&P 500 gained 19.3% under Biden and 35.9% under Obama.
- The Dow is up 13.5% and the Nasdaq 19.8% in Trump’s second-term year one, both below their roughly 32% gains during Trump’s first-term year one.
- The S&P 500 fell more than 2% in a single session on Tuesday, just before Axios published the comparative performance figures.
📰 Source Timeline (2)
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January 27, 2026
January 21, 2026