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Economy · 2026-02-24

Stock market gains since the election exceeded those of Biden’s final years

Misleading

Trump boasted about stock-market gains since his election as evidence of exceptional performance.

Claimed by Donald Trump · 2026 State of the Union address (editorial paraphrase) · 2026-02-24

What the evidence shows

FactCheck.org found those gains were smaller than in each of Biden’s final two years, under its comparison.

What happened next

Assessment based on the linked FactCheck.org reporting.

Assessment notes

Editorial paraphrase, not a verbatim quotation. Where an exact speech date is uncertain, the month is used as a placeholder; consult the linked report for the precise original statement.

Last reviewed: 2026-11-03. Assessments can change as evidence develops.