Trading Calendar – April

The following chart shows the average month-to-date percentage change in the S&P 500 Index by trading day during April from 1990 through 2023. Day 0 represents the March close. It shows that April is on average a positive month, with the index tending to rise most of the month. We have not used data for trading day 22, because most Aprils do not have 22 trading days. Also, sample size is only 23-34 for specific trading days, so these results are only mildly suggestive rather than predictive. For 1990-2023, 26 Aprils have been winners and 8 losers.

Return to the Trading Calendar to find other monthly profiles.