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S & P Performance After Memorial Day

“This weekend marks the unofficial beginning of summer, so CNBC.com looked at how the stock market has historically performed leading up to Memorial Day and during the months that follow.

Wall Street

In the past 20 years, the major U.S. indices have been, on average, relatively flat in the week prior to Memorial Day. In recent years, however, they have been slightly negative.

A week after Memorial Day, all three indexes posted a gain, with the NASDAQ showing the biggest average gain, up 1.42 percent.

Within a month, those gains fizzled for the S&P 500 and Dow, both turning negative returns. And in recent years, those losses have accentuated, down about 2 percent or more…….”

Full article

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