The first part of July is spent by Americans taking vacations, celebrating the Fourth of July, and spending time with their families. The stock market has traditionally fared well during the dog days of July, even if individuals who are looking for milder weather may not like them.
Since 1928, the average return for the S&P 500 during the first half of July has been 1.5%. Should that 1.5% be maintained for the whole year, the market would provide an annual return of 36%.
Furthermore, historically speaking, the S&P 500 has increased 69% of the time throughout this time.
The second half of December is the S&P 500’s second-most successful period.
Past Five Years: Based on statistics from Yahoo Finance, the market has increased during the first half of July in each of the previous five years.
- The S&P 500 returned 1.37% in 2019.
- The S&P 500 appreciated by 3.97% in 2020.
- The S&P 500 gave back 1.37% in 2021.
- The S&P 500 gained 2.28% in 2022.
- The S&P 500 increased by 1.79% in 2023.
The S&P returned 2.15% on average over the first ten trading days of July.
Why The gains from huge technology firms must contribute to the current rally in the U.S. market toward all-time highs. Many people are still optimistic about the market’s performance going forw
