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 |
| FOMC Meeting Dates | Nasdaq Composite's Cumulative Return |
Month |
Day |
Year |
FOMC Day |
Day 1 |
Day 2 |
Day 3 |
Day 4 |
Day 5 |
|
February |
1 |
1995 |
0.41% |
1.12% |
2.23% |
3.13% |
3.15% |
3.78% |
|
March |
28 |
1995 |
0.43% |
-0.42% |
-0.70% |
-0.66% |
-0.56% |
-1.08% |
|
May |
23 |
1995 |
0.97% |
0.78% |
0.70% |
0.08% |
-1.43% |
-0.76% |
|
July |
6 |
* |
1995 |
1.18% |
2.97% |
3.70% |
3.02% |
4.97% |
5.56% |
August |
22 |
1995 |
0.55% |
0.83% |
0.12% |
0.03% |
-1.13% |
-1.57% |
|
September |
26 |
1995 |
-0.77% |
-1.87% |
0.09% |
-0.25% |
-1.78% |
-2.46% |
|
November |
15 |
1995 |
0.12% |
0.37% |
0.42% |
-1.07% |
-1.50% |
-1.86% |
|
December |
19 |
1995 |
2.38% |
2.27% |
3.80% |
4.42% |
4.67% |
4.55% |
|
January |
31 |
* |
1996 |
0.81% |
1.73% |
1.98% |
3.05% |
3.59% |
3.19% |
March |
26 |
1996 |
0.12% |
0.62% |
0.71% |
1.32% |
1.79% |
2.23% |
|
May |
21 |
1996 |
-0.30% |
-0.06% |
0.04% |
-0.02% |
-0.95% |
-1.80% |
|
July |
3 |
* |
1996 |
-0.80% |
-2.75% |
-3.55% |
-3.15% |
-4.19% |
-7.12% |
August |
20 |
1996 |
-0.55% |
-0.36% |
1.15% |
1.07% |
0.73% |
1.60% |
|
September |
24 |
1996 |
0.31% |
1.09% |
1.36% |
1.53% |
1.28% |
0.83% |
|
November |
13 |
1996 |
0.33% |
1.10% |
0.42% |
-0.16% |
0.48% |
0.67% |
|
December |
17 |
1996 |
0.42% |
1.94% |
2.77% |
2.19% |
1.47% |
2.11% |
|
February |
5 |
* |
1997 |
-1.84% |
-1.99% |
-1.17% |
-2.80% |
-3.07% |
-1.08% |
March |
25 |
1997 |
0.44% |
2.13% |
0.55% |
-1.69% |
-2.07% |
-3.35% |
|
May |
20 |
1997 |
1.69% |
2.42% |
2.34% |
3.61% |
5.07% |
5.14% |
|
July |
2 |
* |
1997 |
1.21% |
2.04% |
2.26% |
3.26% |
3.36% |
3.66% |
August |
19 |
1997 |
1.99% |
3.77% |
2.41% |
1.86% |
2.04% |
1.39% |
|
September |
30 |
1997 |
-0.55% |
-0.28% |
0.44% |
1.23% |
1.59% |
2.50% |
|
November |
12 |
1997 |
-2.72% |
-1.62% |
-0.09% |
1.85% |
0.98% |
1.03% |
|
December |
16 |
1997 |
1.07% |
0.70% |
-0.87% |
-0.77% |
-0.29% |
-1.73% |
|
February |
4 |
* |
1998 |
0.85% |
0.63% |
1.68% |
1.45% |
2.56% |
2.53% |
March |
31 |
1998 |
0.93% |
1.59% |
1.88% |
2.02% |
0.57% |
-1.10% |
|
May |
19 |
1998 |
0.78% |
0.01% |
-0.58% |
-1.45% |
-2.92% |
-2.76% |
|
July |
1 |
* |
1998 |
1.04% |
-0.04% |
0.78% |
0.71% |
2.15% |
2.38% |
August |
18 |
1998 |
2.04% |
1.36% |
0.79% |
-1.12% |
-1.50% |
-1.09% |
|
September |
29 |
1998 |
-0.30% |
-2.61% |
-7.30% |
-7.14% |
-11.64% |
-13.13% |
|
November |
17 |
1998 |
0.90% |
1.92% |
3.12% |
3.57% |
6.22% |
5.60% |
|
December |
22 |
1998 |
-0.80% |
1.61% |
1.17% |
1.98% |
2.05% |
1.35% |
|
February |
3 |
* |
1999 |
1.22% |
-2.17% |
-3.65% |
-2.37% |
-6.20% |
-6.25% |
March |
30 |
1999 |
-0.50% |
-1.26% |
0.02% |
2.70% |
2.82% |
2.07% |
|
May |
18 |
1999 |
-0.14% |
0.61% |
-0.77% |
-1.63% |
-4.22% |
-7.06% |
|
June |
30 |
* |
1999 |
1.67% |
2.42% |
3.74% |
3.58% |
3.82% |
4.91% |
August |
24 |
1999 |
1.21% |
3.16% |
2.02% |
1.45% |
-0.25% |
0.73% |
|
October |
5 |
1999 |
0.13% |
2.19% |
2.32% |
3.24% |
4.29% |
2.73% |
|
November |
16 |
1999 |
2.36% |
1.55% |
3.96% |
4.65% |
5.37% |
3.83% |
|
December |
21 |
1999 |
3.36% |
4.05% |
4.90% |
5.06% |
4.97% |
6.81% |
 |
| * = two-day FOMC meeting |
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