Labor Day Week Performance

The Dow is heading into the unofficial last week of summer down about 2.5% year to date.  Below we highlight the index's performance in the week before and after the Labor Day holiday over the last 20 years.  For all 5-day periods over the last 20 years, the Dow has averaged a change of +0.15%.  The average change for the Dow in the 5 days before Labor Day has been -0.54% over the last 20 years, which is pretty big underperformance.  During the 4-day work week following Labor Day, the Dow has also averaged declines (-0.04%) over the last 20 years.  Isn't the end of summer already depressing enough?

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