Market and Elections: How the S&P 500 Index Has Performed in Election Years
Over the past nearly 100 years (from 1928 to 2016), the S&P 500 index has shown an average growth of 11.28% in election years. Here's a breakdown based on which party won:
Republican victories: On average, the S&P 500 grew by 15.3%.
Democratic victories: The index saw an average growth of 7.6%.
Notably, the year 2020 is not included in the table, but it ended with approximately 16% growth.
Current Year Performance:
As of now, in this election year, the S&P 500 has increased by about 10.8%.