Does stock market performance improve when Congress is adjourned?
MSN highlights UC research in market analysis
The House is unexpectedly on summer break until September, and it may have been what sent the markets briefly higher last week. According to MSN, the two may actually be correlated.
In a recent article, MSN highlighted research led by Michael Ferguson, head of the department of finance at the University of Cincinnati’s Carl H. Lindner College of Business.
The study, “Congress and the Stock Market,” examines stock market performance when Congress is in session versus when it is adjourned. MSN summarized that the Dow Jones Industrial Average from 1897 through 2004 produced the equivalent of a 13.8% annualized return when Congress was not in session, versus 2% when Congress was in session. MSN also noted that Ferguson’s team found a similar result for the lifespan of the S&P 500, the other major market average.
Featured image at top of the Capitol and House of Representatives. Photo/Adobe Stock.
Related Stories
‘Designer drug’ shows early neuroprotective signal in acute ischemic stroke
October 28, 2025
Medscape highlighted new trial results led by the University of Cincinnati's Eva Mistry that found an experimental drug shows promise in protecting injured brain cells for patients with acute ischemic stroke.
Is menstrual fluid ‘the most overlooked opportunity’ in women’s health?
October 27, 2025
The Guardian recently reported that period blood has long been thought of as ‘stinky and useless’, but startups are exploring using the fluid to test for a wide range of health conditions — including endometriosis.
What is squalane, and how does it work to moisturize skin?
October 27, 2025
The University of Cincinnati's Kelly Dobos was featured in a Women's Health article discussing squalane, an ingredient being increasingly used in moisturizing skincare products.