Day After Fourth Of July Is Historically A Down Day For US Stock Market
Portfolio Pulse from Michael Juliano
Historical data suggests that the day after the Fourth of July is typically a down day for the US stock market, with the Dow Jones Industrial Average and S&P 500 Index often experiencing declines. The Dow Jones has fallen in seven out of the last ten years, while the S&P 500 has declined in six out of the last ten years.
July 05, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The Dow Jones Industrial Average has historically fallen on the trading day following the Fourth of July in seven out of the last ten years.
Historical data shows a consistent pattern of the Dow Jones declining on the trading day after the Fourth of July, suggesting a potential short-term negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The S&P 500 Index, tracked by SPDR S&P 500 ETF Trust (NYSE:SPY), has declined on the next trading day after the Fourth of July in six out of the last ten years.
Historical data indicates that the S&P 500 often declines on the trading day after the Fourth of July, suggesting a potential short-term negative impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100