There's reason for optimism heading into next week when looking at history. Going back to 1953, the S & P 500 has climbed around 0.5% during the final week of August on a median basis, according to data analyzed by Bespoke Investment Group. Looking at just the last 10 years alone, that median return shoots up to about 1.1%. That's a bright spot ahead of a historically weak period for the market.
To be sure, things could play out differently in the new month — as they have in August. Almanac data shows the S & P 500 is flat on average for the month. That said, the benchmark is up more than 1% month to date. .SPX 1M mountain The S & P 500, 1 month The upcoming week also has some events that may move the market in the trading month's final days. Investors and analysts alike will keep a close eye on earnings from artificial intelligence darling Nvidia expected Wednesday.