Historical patterns suggest strong Q4 performance for S&P 500, Dow Jones, and Nasdaq Composite

  • S&P 500 typically continues to climb during the fourth quarter after a 20% increase in the first nine months
  • History shows a 2.1% average rise and 4.1% median return in the fourth quarter
  • Dow Jones Industrial Average has a median gain of 4.9% in similar situations
  • Nasdaq Composite experiences a median gain of 6.6%

U.S. stocks have experienced a remarkable run during the first nine months of 2024, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all showing strong growth. Historical data from Dow Jones Market Data reveals that when the S&P 500 rises by 20% or more in the first nine months of a year, it typically continues to climb during the fourth quarter, with an average increase of 2.1% and a median return of 4.1%. Similar patterns are observed for the Dow Jones Industrial Average and Nasdaq Composite. If this trend holds true, investors can expect continued growth in Q4.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information based on historical data from Dow Jones Market Data. It presents factual trends in stock market performance during similar periods and uses reliable sources to support its claims.
Noise Level: 4
Noise Justification: The article provides some relevant information about historical trends in stock market performance but relies heavily on past data and does not offer much analysis or insight into potential future events or actionable advice for readers.
Public Companies: S&P 500 (SPX), Dow Jones Industrial Average (DJIA), Nasdaq Composite (COMP)
Key People: Ken Jimenez (Contributor)

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Financial Relevance: Yes
Financial Markets Impacted: Yes
Financial Rating Justification: The article discusses the historical performance of the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite during the fourth quarter after a strong first nine months, and mentions that U.S. stocks were trading lower on Thursday with all three indexes headed for a weekly loss. This indicates relevance to financial topics and an impact on financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: All
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com