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Dow's October Performance was Best Monthly Gain in 47 Years

Published 11/01/2022, 10:00 AM
Updated 11/01/2022, 10:04 AM
Dow's October Performance Was Best Monthly Gain in 47 Years

Dow's October Performance Was Best Monthly Gain in 47 Years

By Investing.com Staff

The numbers are out and October 2022 was the Dow Jones Industrial Average's best monthly return since January 1976, according to S&P Dow Jones Indices. The next closest was a 13.8% gain in January 1987.

With the monthly gain, the Dow has moved into single-digit losses YTD, with a total return of -8.4%.

Following in second place was the S&P SmallCap 600, with a return of 12.4% in October 2022.

And despite large losses by some of the megacaps, the S&P 500 gained 8.1% during the month, while the ultra-broad  S&P Global BMI BMI posted 6.0%.

The S&P Emerging BMI, on the other hand, slipped 3.5% as China equities' collapse weighed heavily on the emerging market benchmark.

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