US STOCKS MARKETS PERFORMANCE ON PREVIOUS CHRISTMAS
Dear readers, a Merry Christmas to All of you!
In today’s post, let us take a look at the performance of
the US Stocks markets for previous Christmas. For this post, I will only be
looking at one stock US stock index, the NASDAQ.
Let us look at the performance of Nasdaq on recent Christmas
days (as a note: I have chosen mostly 26 Dec 23 for the closing since stocks
markets are closed on public holidays like Christmas days):
December 26, 2015: 5,007.41
December 26, 2016: 5,432.09
December 26, 2017: 6,950.04
December 26, 2018: 6,554.36
December 26, 2019: 8,945.99
December 26, 2020: 12,804.73
December 26, 2021: 16,509.16
December 27, 2022: 10,497.86 (US stock markets closed on 26 Dec
2022)
December 23, 2023: 14,992.97 (most recent closing)
From what we can note of the above, the NASDAQ has increased
by about 200% since Dec 2015! This attests to many long-term investors that stock
markets do appreciate over the longer term. However there is no guarantee that the
NASAQ will keep increasing in the near or medium term and please note that this
article is not an investment recommendation or advice!
I hope you find the above article interesting or insightful! Merry Christmas!