S&P up 37% since Biden’s election, a presidential record
S&P up 37% since Biden’s election, a presidential record
By Emily Graffeo and Lu Wang | Bloomberg
The S&P 500 just capped its best year ever following a U.S. presidential election, surging 37% since Joe Biden won the vote.
The benchmark index gained more in the past year since the 2020 election than any other modern president has seen in their first year in office. But the advance has more to do with the “everything rally” following the vaccine rollout…