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Wednesday
Mar172010

A Lucky Day for the Market?

DateWednesday, March 17, 2010 at 09:56AM

Below we highlight the performance of the Dow Jones Industrial Average on St. Patrick's Day (only weekdays) since 1901.  As shown, the Dow has historically averaged a gain of 0.16% (median 0.22%) on St. Patrick's Day, with positive returns 61.5% of the time.  This is much better than the average change of 0.025% for all trading days since 1901.  The Dow has risen on five of the last six St. Patrick's Days, and the index is higher so far today as well.  Happy St. Patrick's Day!

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