Yesterday the S&P 500, which tracks the stock performance of 500 of the biggest companies on U.S. stock exchanges, closed at a new record high of 5,354. The Nasdaq Composite, which is weighted toward the information technology sector, also closed at a record high of 17,187. The Dow Jones Industrial Average was also up, but not to a new record. It closed at 38,807. Biden has been good for business.