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Biden at 100 days: Hottest stock market since JFK | FinancialContent Business Page


(Jon Tyson/Unsplash)
New York (CNN Business)— The Biden bust that the Trump campaign warned of has morphed into a Biden boom. The S&P 500 is up 8.6% since the market close on January 20, the final day of the Trump presidency. That means President Joe Biden is on track for the strongest stock market performance during a new president’s first 100 days since John F. Kennedy in 1961, according to CFRA Research.
There is a belief out there, that is absolutely incorrect, that markets do better under Republicans. It’s completely wrong.”
RANDY FREDERICK, VICE PRESIDENT OF TRADING AND DERIVATIVES AT CHARLES SCHWAB ....

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