The U.S. stock market reversed higher and closed in positive territory on April 30, 2025, after being labeled as the 'Biden stock market' in public commentary. Market futures reflected continued positive momentum, with reports indicating an increase of almost 2% since the market was referred to as the 'Biden stock market.' In the 48 hours since Donald Trump publicly called it the 'Biden stock market,' the market has shown notable gains. Some observers have pointed out that the market began rising after Trump's comment. Despite the recent upturn, reports highlight that the first 100 days of the current presidency have marked the worst market performance since the Nixon administration. There are also claims that the stock market is booming under Trump, reflecting continued debate over which president should be credited for recent market movements.