Government shutdown and the stock market: Here's what history shows usually happens

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Markets aren't big fans of government shutdowns, historically.

New number crunching out of RBC Capital Markets strategiston Monday found that in the lead-up to the last seven government shutdowns dating back to 1976, the median S&P 500 decline was 10.2%.

In the 12 months following a government shutdown of 10 days or more, the S&P 500 has gained a median of 18.9%, according to RBC's research. Data analysis along these lines is critical for investors at the moment as the government knocks on the door of another shutdown.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stocks Set for Cautious Open; Dollar Mixed: Markets Wrap(Bloomberg) -- Asian equities were poised for a cautious open while the dollar traded in narrow ranges versus its major peers early Monday as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance F
Source: YahooFinanceCA - 🏆 47. / 63 Read more »