All of Joe Biden's stock market gains have evaporated
CNN
Joe Biden may not be as obsessed with the stock market as his predecessor was -- at least not publicly. But this year's turmoil on Wall Street has dealt the president a tough blow. The S&P 500 has now lost all of its gains since Biden was inaugurated last year.
The S&P 500, one of the broadest measures of the US stock market and the economy, is down 2.7% since January 20, 2021. Stocks fell into the red for the Biden era following Monday's 3.9% market plunge.
The blue chip index, which includes companies such as tech giants Apple (AAPL), Microsoft (MSFT) and Amazon (AMZN), Elon Musk's Tesla (TSLA) and Warren Buffett's Berkshire Hathaway (BRKB) as top members, has plummeted 21% this year alone.
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