S&P 500 under Donald Trump (first term)
S&P 500 went from 2,275 in Donald Trump (first term)'s first month to 3,695 at month 48: a change of +62.4%. At that point in office it ranks #2 of 2 administrations since 1969. Official data from the S&P Dow Jones Indices (via FRED).
All administrations at month 48
| Rank | Administration | Value at month 48 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Joe Biden | 6,011 | +58.4% | 6,011 (month 48) | S&P Dow Jones Indices · SP500 |
| #2 | Donald Trump (first term) | 3,695 | +62.4% | 3,695 (month 48) | S&P Dow Jones Indices · SP500 |
Methodology and source verification
Monthly average of the S&P 500 daily close. FRED is licensed only the last ~10 years, so only recent administrations are covered.
Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.
Primary source: S&P Dow Jones Indices (via FRED). Retrieved from the Federal Reserve Bank of St. Louis (FRED), series SP500, refreshed hourly. Full methods: methodology.