Another Friday the 13th is upon markets, the first since August 2021. The deadly combo is scary for most, and the fear of it is called "Paraskevidekatriaphobia." As investors go through one of the worst phases of a market downturn, an analyst at LPL Financial offered insights into how the market has behaved on this day in the past.
A Good And Bad News: The unlucky nature of "Friday, the 13th" hasn't seeped down into U.S. stocks recently, LPL's chief market strategist Ryan Detrick said. The market has actually ended higher in the past four similar Fridays, the analyst said.
