SPY rose in five of six Novembers after midterms, gaining as much as 6% in 2002 and 2022 following severe bear markets.
DIA finished higher in all six post-midterm years, with gains ranging from 5% to 20%, fitting a broader presidential-cycle pattern.
In 2018, SPY gained nearly 2% in November then crashed 9% in December, ending the year 7% below pre-election levels.
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Election nights tend to rattle retirement savers, but Wall Street opened Wednesday more calmly. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the most widely held stand-in for the benchmark S&P 500, traded at $763.08 before the open on November 4. That was up 1.16% from its November 3 close of $754.35. Reuters reported that stocks rallied and the dollar dipped after what it called a Democratic midterm sweep. But one session tells a 401(k) holder very little. The more useful guide is how the index behaved in the weeks and months after past midterms. That record shows a steady winning run, along with a few sharp breaks.
#midterms #midterm #december
DIA finished higher in all six post-midterm years, with gains ranging from 5% to 20%, fitting a broader presidential-cycle pattern.
In 2018, SPY gained nearly 2% in November then crashed 9% in December, ending the year 7% below pre-election levels.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Election nights tend to rattle retirement savers, but Wall Street opened Wednesday more calmly. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the most widely held stand-in for the benchmark S&P 500, traded at $763.08 before the open on November 4. That was up 1.16% from its November 3 close of $754.35. Reuters reported that stocks rallied and the dollar dipped after what it called a Democratic midterm sweep. But one session tells a 401(k) holder very little. The more useful guide is how the index behaved in the weeks and months after past midterms. That record shows a steady winning run, along with a few sharp breaks.
#midterms #midterm #december
2 days ago
