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Joined Nov 11, 2007
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S&P Futures Right on Target…Historically Speaking

“Stocks Historically Move Little Day after Emergency Closures..

If history is any guide, stocks won’t change much when the exchanges re-open, now scheduled for Wednesday.

CNBC compiled a chart of the last 13 emergency-related market closures going back to 1945. On the day that the market re-opened, the Standard & Poor’s 500 inched down an average of 0.05 percent, and the Dow Jones Industrial Average eased 0.17 percent.

If the markets match that average when they re-open now, the S&P 500, currently 1,411.94, would shed less than a point. And the Dow, now 13,107.2, would fall 22 points.”

Full article

S&P Futures

 

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