U.S. added more jobs than anticipated in May

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These are the S&P 500 historical returns during election years

June 8, 2024 5:00 AM EDT

According to Piper Sandler, election years can be a time for strong returns in the stock market, with the S&P 500 historically averaging a 10%-20% total return since 1928.

Interestingly, the third year of a president's term seems to be the sweet spot, with Piper Sandler noting a median return of 18.08% during that period over the past 95 years. Even the fourth year holds promise, averaging a 9.5% return with a... More