How the stock market performed under every US president

How the S&P 500 performed in the first 100 days of each modern US presidential term

The S&P 500 was up 5.3% during President Donald Trump's first 100 days in office during his first term as president, and down 7.1% during the first 100 days of his second term.

George Washington set the template for the presidency

As the first US president, George Washington established key traditions still followed today—forming a Cabinet, serving only two terms, asserting executive independence, and peacefully transferring power—helping define how the presidency would function.

The first US stock exchange dates back to the 1790s in Philadelphia

Only two years after that stock exchange in Philadelphia started, the largest stock exchange in the US to date was created: the New York Stock Exchange.

See the results of all 59 presidential elections from 1789 to 2024

This interactive tool lets users explore the outcomes of every US presidential election from George Washington's uncontested 1789 victory through 2024, showing how electoral votes, state results, and shifting coalitions shaped each race.

See all 16 Fed Chairs ranked by stock market performance

Sixteen people have held the office of Fed Chair since 1913, with varying results. From the Fed’s first leader, Charles Hamlin, to Jerome Powell, see in a ranked list how stocks fared for each chair within distinct macroeconomic conditions.

Visualizing decades of stock market performance

Stock markets and the indexes that track their biggest companies tend to ebb and flow, with long growth periods punctuated by shorter recessions. Track the 60-year history of one of the most common stock market indexes, the S&P 500, with this data visualization. The chart highlights the long-term durability of markets despite appearance of short-term volatility.

See checks signed by US presidents

One bank has made it a point to conserve checks from US presidents. Peruse this gallery of signed checks from Washington, FDR, JFK, Lincoln, and more.

The favorite restaurants of former US presidents

Curious about the eating habits of past commanders-in-chief? From George Washington to Barack Obama, discover the food preferences of former US presidents. Find out who liked to go out vs. stay in, where they frequented, what they ordered, and how they spent their time in each establishment.

1440 Explores: The Evolution of the US Presidency

1440 traces how the presidency transformed from the limited office envisioned by the Founders into today's powerful institution—examining how presidents like FDR and Nixon reshaped executive authority.

Andrew Jackson was the first and only president to eliminate the national debt

After Jackson slashed spending and began selling federal land, the government was accumulating more money than it was spending. The situation was unprecedented, but it didn’t last. Too much money was being printed and land prices rose to unsustainable levels. Within a year, the economy tumbled into a depression.

All US presidents, by generation

Every president is a member of a generation, and Baby Boomers have held the Oval Office since 1992 (with the exception of Joe Biden, of the Silent Generation). But what about in the early days? Turns out the generation with the most presidents is the Transcendental Generation (born between 1792-1821), which includes Abraham Lincoln. Check out the full list (and what are most likely very new generational terms) with this fun overview.

Five US presidents won the election despite losing the popular vote

Because presidents are elected through the Electoral College rather than a national vote, candidates can win while receiving fewer votes nationwide. John Quincy Adams, Rutherford B. Hayes, Benjamin Harrison, George W. Bush, and Donald Trump (2016) each won the presidency while losing the nationwide popular vote.

Financial advice from America’s founding fathers

Several of America's founding fathers—Benjamin Franklin, Thomas Jefferson, and Alexander Hamilton—espoused various financial platitudes during their lives. According to the financial publication Kiplinger, much of their advice holds up in modern times. This article rounds up a few wise words from the founding fathers (and even one first lady) about compound interest, taxes, and education. For money-management tips from America's early days, click here.

The wealthiest Americans own the vast majority of the stock market

Recent data from the Federal Reserve shows that the richest people in America own 93% of all the country's stock—the highest level ever recorded. Meanwhile, the bottom 50% of Americans held just 1% of all stocks.

As technology evolved, so did Wall Street

Before the telephone was invented in the mid 1800s, people had to trade stocks in person. But once office telephones and computers became commonplace, banks and other financial institutions didn't necessarily need to have their headquarters near exchanges like Wall Street's New York Stock Exchange.

Markets have always recovered and hit new highs following crashes

The crash that preceded the Great Depression was the most severe the US has ever experienced. It was 28 times worse than the downturn that followed the Cuban Missile Crisis.

The Barbary Wars were an early test of whether a president could wage war without a formal declaration from Congress

Jefferson sent naval forces against North African pirates without a congressional declaration of war, acting under his own authority. Years later, Madison took the opposite approach and formally sought congressional authorization.

The US has used a wide variety of different currencies between the 1690s and today

From colonial money to national banknotes, people have used all kinds of forms of currency throughout the history of the United States before settling on the dollar bills and quarters that we pay for things with today.

The stock market, explained in 3 minutes

Curious about the inner workings of the stock market? 1440's got your breakdown of how it works.

The Dow Jones Industrial Average was created in 1896

Charles Dow introduced the DJIA on May 26, 1896, as a simple average of 12 industrial stocks. Although it became the nation’s most enduring market index, none of its original companies remain in the Dow today.

See a ranking of the best (and worst) Federal Reserve Chairs since 1914 out of the 16 men and women who have held the office since.

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

The number of publicly traded companies has decreased in recent years

In 1996, more than 7,300 companies traded publicly on US stock markets, but that number has recently dropped to 4,300. Economists point to two reasons: First, going public requires full disclosure of operations, exposing it to scrutiny from investors, competitors, and analysts. Second, the IPO process is expensive and time-consuming.

Explore the biographies and official portraits of every US attorney general since 1789

The DOJ's official archive features profiles of every attorney general in American history—from Edmund Randolph, appointed by George Washington in 1789, to the present day—including their official portraits.

Capital gains taxes were first levied in the US in 1913

However, up until 1921, they were treated the same as ordinary income. Ever since then, rates have swung up and down.

A history of the White House fence

Since it was occupied in 1800 by Thomas Jefferson, the White House has had a fence. From the original wooden post-and-rail fence to today's 13-foot high steel barrier, check out this brief timeline of the White House fence from the the building's...

The venture capital mindset is shaping the US into a 'portfolio state'

For decades, the US has operated as a low-regulation, private-sector-driven, globalized economy (also known as neoliberalism). In recent years, the Trump administration has taken direct stakes (rather than providing subsidies) in private companies with strategic products like semiconductors and rare earths. This paper argues the approach allows the US to capture the upside of growth.

Many legends about George Washington, including his supposed wooden teeth and the story of cutting down the cherry tree, lack evidence.

The rivalry between Alexander Hamilton and Thomas Jefferson centered on federalism—the question of how much power the federal government should hold relative to the states.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

After the Boston Tea Party, colonists switched to coffee, which became the main morning drink for revolutionaries.

Despite being favored by 87% of Americans, Congress does not have term limits.

The Nasdaq's 'Magnificent 7' companies are responsible for roughly 40% of the Nasdaq 100 index's gains, while the remaining 93 companies account for the other 60%.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

The US Constitution is widely regarded as the longest-standing written national constitution still in force—see how it has influenced rights worldwide.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

The original copy of the Declaration of Independence is not a pristine document, and even features a smudged anonymous handprint in the bottom left corner.

Roughly 43 million US borrowers owe roughly $1.7T in student debt, the second-largest source of consumer debt behind mortgages.

Explore an interactive map of battles from the American Revolution, along with detailed summaries of each engagement

Learn how to read a prospectus, the juicy document that any company must file with the SEC before going public.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

A century of Billboard issues documenting the evolution of popular music.

Discover the catastrophic consequences of a failure of the US electrical grid—something that is more likely than many Americans think.

Explore fun facts from the USPS, including unique post office buildings, a stamp that traveled past Pluto, and more.

Watch contemporary footage covering the US-backed Shah of Iran fleeing the country in the face of the 1979 Iranian Revolution

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

'Silent' fireworks have gained more interest in recent years as a quieter celebratory option.

An Ebola vaccine was developed during the 2018 west African Ebola outbreak, but the 2026 Ebola outbreak is with a different species of the virus, not the one that the vaccine is approved to treat.