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US President Joe Biden looks on as US President-elect Donald Trump arrives during the inauguration ceremony before Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, USA on January 20, 2025.

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This isnt to say that markets arent influenced by who is in the Oval Office.

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But as a whole, the market still tends to trade upwards, regardless of who the president is.

According toInvestors Business Daily, Biden ranks No.

6 in terms of stock-market performance during presidential terms since Reagan was elected in 1981.

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5 in terms of presidential performance since 1981.

Like Biden, Trump endured both highs and lows during his first term.

Since 1981, this marked the top Nasdaq return under any president, according to Investors Business Daily.

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