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Here's how the stock market typically performs in October

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Here's how the stock market typically performs in October

Investing.com -- October has a reputation for being one of the most volatile months in the stock market, often referred to as"Octoberphobia." Historical market crashes, including those in 1929, 1987, and significant drops in 2008, have contributed to this label.

In election years, however, October's performance has been particularly challenging. Since 1950, election-year Octobers have ranked last for the Dow, S&P 500, and NASDAQ. “Expiration day has a mixed record while the week as a whole has been improving with S&P 500 up fourteen of the last sixteen with an average gain of 1.06%,” Almanac explained.

 

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