Trump 2.0 stock market underperforms Trump 1.0

Data: Financial Modeling Prep ; Chart: Axios Visuals U.S. stocks performed worse during the first year of President Trump’s second term than during the same period of his first term. The S&P 500 also underperformed the first year of the Biden and Obama presidencies.

By the numbers: The S&P 500 climbed 15.7% between Trump’s second inauguration day and last Friday, which marked the final trading day of his first year in office. It was up 24.1% during the first year of his prior term, and up 19.3% during Biden’s first year. Obama outperformed them both with a 35.9% gain.

Zoom in: Other indices were kinder to Trump 2.0, at least compared to his Democratic predecessors. The Dow Jones Industrial Average was up 13.5% over the past year, compared to 32.1% for Trump 1.0, 13.3% for Biden, and 58% fo