196 days ago • Posted by Charles-Henry Monchau
What has been the best day of the week for the S&P 500 so far in 2020?
For both the entire year and since March 23rd, the best days for the S&P 500 have been Monday and Wednesday. On a YTD basis, the S&P 500's median gain on Mondays has been 0.70% while Wednesday's median gain has been 0.50%. Outside of those two days, Tuesdays and Thursdays have been modestly positive, while Friday is the only day of the week that has seen declines on a median basis. Looking just at the period since 3/23, Mondays and Wednesdays have still been the strongest with median gains of 0.73% and 0.71%, respectively (source: Bespoke).