×

July 10th in Market History

This Day in Market History
This Day in Market History

After a couple of rough days this week, some of you may be looking for a respite before the weekend. Unfortunately, history shows that if the Dow and S&P were negative for the week going into Friday, they will on average continue their slide, albeit marginally, on Friday itself. The Nasdaq on the other hand has had a slight upside edge on Fridays after a down week.

July 10th in Market History:

Dow (Since 1900) :

  • Avg Gain/Loss: -0.08%
  • Up 51% of the time with an average gain of 0.58% when up
  • Down 48% of the time with an average loss of 0.78% when down
  • Unchanged 1% of the time in 1975
  • Standard Deviation: .89
  • Biggest Gain: +2.41% in 1930
  • Biggest Loss: -3.11% in 2002

S&P 500 (Since 1928) :

  • Avg Gain/Loss: +0.08%
  • Up 60% of the time with an average gain of 0.57% when up
  • Down 40% of the time with an average loss of 0.65% when down
  • Standard Deviation: .84
  • Biggest Gain: +2.52% in 1930
  • Biggest Loss: -3.4% in 2002

Nasdaq Composite (Since 1971):

  • Avg Gain/Loss: -0.06%
  • Up 58% of the time with an average gain of 0.56% when up
  • Down 42% of the time with an average loss of 0.91% when down
  • Standard Deviation: .98
  • Biggest Gain: +1.79% in 2005
  • Biggest Loss: -3.15% in 2001

Send comments to:bythenumbers@cnbc.com

bythenumbers.cnbc.com