Market Celebrates Mother’s Day with Gains on Friday Before
With just a few days remaining to Mother’s Day, today’s post is also a reminder. Over the last twenty-seven years on the Friday before Mother’s Day the Dow Jones Industrials have gained ground nineteen times. On the Monday after, DJIA has advanced seventeen times over the same time period. Average gain on Friday has been 0.28% and a respectable 0.31% on Monday. However, in seven of the last ten years, the Monday following Mother’s Day has been down. In 2019, DJIA suffered its worst post Mother’s Day loss going back to 1995, off 2.38%.
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