financetom
News
financetom
/
News
/
Will Friday the 13th spook the market?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Will Friday the 13th spook the market?
Jan 13, 2012 1:30 AM

Historically, Friday the 13th tends to be a relatively calm day for the stock market, with average gains of only 0.2% or less.

In three of the last five instances, all three major averages finished down on Friday the 13th. Should investors take this as a bad omen? Below is a look at how stocks traded on this superstitious day.

Dow since 1900:

Average gain of 0.04% on Friday the 13th, and up 59% of the time

The Dow ended down three out of the last five Friday the 13ths and down for the last two on 5/13/11 and 8/13/10

Biggest Gain: 2.66% was on 12/13/1929

Biggest Drop: -6.9% was on 10/13/1989

SandP since 1928:

Average gain of 0.02% on Friday the 13th, and up 57% of the time

The SandP ended down three out of the last five Friday the 13ths and down for the last two on 5/13/11 and 8/13/10

Biggest gain: 3.34% was on 10/13/2000

Biggest drop: -6.11% was on 10/13/1989

Nasdaq Composite since 1971:

Average gain of 0.20% on Friday the 13th, and up 60 percent of the time

The Nasdaq ended down three out of the last five Friday the 13ths and down for the last two on 5/13/11 and 8/13/10

Biggest gain: 7.87% in 10/13/2000

Biggest drop: -3.09% in 10/13/1989

Disclaimer

Copyright 2011 cnbc.com

First Published:Jan 13, 2012 10:30 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved