{"id":71453,"date":"2020-04-30T08:37:00","date_gmt":"2020-04-30T12:37:00","guid":{"rendered":"https:\/\/www.businesspundit.com\/?p=71453"},"modified":"2020-05-01T02:31:03","modified_gmt":"2020-05-01T06:31:03","slug":"dow-and-sp-500-have-best-april-in-82-years","status":"publish","type":"post","link":"https:\/\/www.businesspundit.com\/dow-and-sp-500-have-best-april-in-82-years\/","title":{"rendered":"Dow and S&P 500 Have Best April in 82 Years"},"content":{"rendered":"\n
\"Dow<\/figure><\/div>\n\n\n\n

You’d have to look back to 1938 to find an April to find better returns for the Dow and S&P 500 than this year’s April gains.<\/p>\n\n\n\n

One of the well-known maxims for investors is “Sell in May and go away!”<\/em> but experts say this year that may not be the best advice this year. <\/p>\n\n\n\n

Coronavirus has shaken up the entire world and the markets are a prime example.<\/strong><\/p>\n\n\n\n

The markets usually see a seasonal pattern in which the market underperforms from May until October. However, this year is very different.<\/p>\n\n\n\n

Aside from the huge losses the market suffered during the COVID-19<\/a> mass sell off, the markets have been doing well. April has been solid.<\/p>\n\n\n\n

Historic Gains in April 2020<\/h3>\n\n\n\n

For the month, the Dow Jones Industrial Average gained about 11%, the S&P gained over 12% and Nasdaq logged gains over 15%. This marks the best month for the markets since 1987 and the best month of April since 1938.<\/p>\n\n\n\n

Although unemployment rates are at the highest level since the Great Depression<\/strong>, the markets show that investors have seen through doomsday predictions and false projections and are ready to get back to business. Major benchmarks are already around 30% higher than the bottom of March 23.<\/p>\n\n\n\n

Financial strategists view the April bounce back with optimism but with the realization that many more struggles may be on the way. <\/p>\n","protected":false},"excerpt":{"rendered":"

You’d have to look back to 1938 to find an April to find better returns for the Dow and S&P 500 than this year’s April gains.<\/p>\n","protected":false},"author":74,"featured_media":71454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8281,1197],"tags":[],"class_list":{"0":"post-71453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"category-economy"},"acf":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/71453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/users\/74"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/comments?post=71453"}],"version-history":[{"count":7,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/71453\/revisions"}],"predecessor-version":[{"id":71462,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/posts\/71453\/revisions\/71462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/media\/71454"}],"wp:attachment":[{"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/media?parent=71453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/categories?post=71453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businesspundit.com\/wp-json\/wp\/v2\/tags?post=71453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}