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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

The S&P 500 Returned an Average of 11% In the Second Half of Election Years with an Incumbent Running for Reelection

Jerome Powell Stock Market United States Joe Biden US Federal Reserve Economy
The S&P 500 jumped over 18% year-to-date and may climb higher soon. (Credit: geralt/Pixabay.com)

The S&P 500 index, created in 1957, is the top indicator of the overall health of the US stock market. The index tracks the performance of the largest 500 companies that cover 80% of US equities by market cap.

The S&P 500 jumped over 18% year-to-date and may climb higher soon. During presidential election years involving a president running for reelection, as Joe Biden in 2024, the stock market has consistently generated positive returns in the latter half of the year, regardless of who won.

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