U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office at the White House in Washington, U.S., November 13, 2024. Investors wondering if the presidential election may usher in a bad or good time for the stock market won't find any easy answers looking at the past. One year after President Joe Biden won the presidency in 2020, the S&P 500 was up more than 42%, according to data provided to CNBC by Morningstar Direct. (Morningstar analyzed the returns in the six and 12 months following Election Day for those 24 U.S. presidential elections.) "Election years aren't that different from a typical year in the stock market," said Boudreaux, a member of the CNBC FA Council.

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Persons: Joe Biden, Donald Trump, Morningstar, Jimmy Carter, Gerald Ford, Dwight Eisenhower's, Ronald Reagan, Jude Boudreaux Organizations: White, CNBC, Morningstar Direct, Republican, Finance, CNBC FA Locations: Washington , U.S, Europe, New Orleans