Dow Jones Industrial Average in July: seasonality and history
Since 1897, the Dow has risen in July in 66% of years (86 of 130), with an average return of +1.53% and a median of +1.76%. That makes July its #1 month of 12.
Average+1.53%
Years up66%
Best year1932 · +26.66%
Worst year1903 · −14.08%
The seasonal path through July
Cumulative sum of each day's average return through July, all years since 1897.
| Strongest days | Avg | Up |
|---|---|---|
| Jul 1 | +0.32% | 68% |
| Jul 3 | +0.31% | 70% |
| Jul 6 | +0.26% | 65% |
| Weakest days | Avg | Up |
|---|---|---|
| Jul 21 | −0.16% | 47% |
| Jul 7 | −0.06% | 55% |
| Jul 11 | −0.06% | 49% |
July in recent years
| Year | Dow in July |
|---|---|
| 2026 | +0.32% |
| 2025 | +0.08% |
| 2024 | +4.41% |
| 2023 | +3.35% |
| 2022 | +6.73% |
| 2021 | +1.25% |
| 2020 | +2.38% |
| 2019 | +0.99% |
| 2018 | +4.71% |
| 2017 | +2.54% |
Questions
Is July a good month for the Dow?
On average, yes: +1.53% since 1897, rising in 66% of years. But the range is wide, from −14.08% in 1903 to +26.66% in 1932, so an average is a tendency, not a forecast.
What are the strongest days in July?
Jul 1 (+0.32%, up 68% of years), Jul 3 (+0.31%, up 70% of years), Jul 6 (+0.26%, up 65% of years).