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Tuesday, 04/30/2024 3:54:29 PM

Tuesday, April 30, 2024 3:54:29 PM

Post# of 68037
May’s First Trading Day: S&P 500 and Russell 2000 Higher 69.2% of the Time
By: Almanac Trader | April 30, 2024



The first trading day of May has had a bullish history over the past 26 years. DJIA, S&P 500 and NASDAQ have all averaged around 0.4% on the day. S&P 500 and Russell 2000 have the best track records, up 18 times or 69.2% of the time since 1998. With an average gain of 0.21%, Russell 2000 is slightly weaker. May’s first trading day’s worst loss was in 2020. DJIA and S&P 500 shed over 2.5% while NASDAQ and Russell 2000 dropped over 3%.



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