Over the past 50 years, the S&P 500 Index has exhibited a notable positive trend during Thanksgiving week, averaging a gain of 0.54% with 68% of the returns being positive. This performance surpasses the average weekly gain of 0.16% observed during other weeks, which are positive 56% of the time.
Focusing on the past 30 years, the S&P 500 has maintained this bullish pattern during Thanksgiving week, with an average return of approximately 0.5%. This suggests that the market’s favorable performance during this period has been consistent over recent decades.
