DJIA Surpasses Average Midterm Full-Year Performance on Ninth Trading Day of 2018 By Almanac Trader | January 16, 2018
As of today’s close, the tenth trading day of January, DJIA is up 4.34% year-to-date and S&P 500 is up 3.85%. Since 1902, DJIA’s average full-year performance in midterm years is 4.1%. S&P 500 is slightly stronger since 1930, gaining 4.8%. Midterm years that were also the second years of newly elected presidents averaged DJIA +1.1% and S&P 500 –0.4%. New Republican presidents were fractionally better with DJIA gaining 2.2% in newly elected Republican president second years while S&P 500 climbed just 0.3%.
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