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January 1980 to December 2004 |
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| Nasdaq Composite's Reaction to FOMC Meetings |
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| Notes: Since 1980, the Nasdaq Composite gained an average 0.53% ten days after an FOMC meeting. Since 1998, the Nasdaq Composite lost an average 0.66% ten days after an FOMC meeting. The Nasdaq Composite usually closes higher on FOMC days (124 of 203, or 61.08% since 1980). The Nasdaq's average gain on FOMC days is 0.20% (since 1980). |
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