Dow Jones Industrial Average in November: seasonality and history
Since 1896, the Dow has risen in November in 64% of years (83 of 129), with an average return of +1.20% and a median of +1.23%. That makes November its #4 month of 12.
Average+1.20%
Years up64%
Best year1928 · +16.35%
Worst year1973 · −14.04%
The seasonal path through November
Cumulative sum of each day's average return through November, all years since 1896.
| Strongest days | Avg | Up |
|---|---|---|
| Nov 2 | +0.32% | 64% |
| Nov 7 | +0.26% | 58% |
| Nov 26 | +0.19% | 64% |
| Weakest days | Avg | Up |
|---|---|---|
| Nov 19 | −0.16% | 51% |
| Nov 22 | −0.11% | 47% |
| Nov 8 | −0.09% | 48% |
November in recent years
| Year | Dow in November |
|---|---|
| 2025 | +0.32% |
| 2024 | +7.54% |
| 2023 | +8.77% |
| 2022 | +5.67% |
| 2021 | −3.73% |
| 2020 | +11.84% |
| 2019 | +3.72% |
| 2018 | +1.68% |
| 2017 | +3.83% |
| 2016 | +5.41% |
Questions
Is November a good month for the Dow?
On average, yes: +1.20% since 1896, rising in 64% of years. But the range is wide, from −14.04% in 1973 to +16.35% in 1928, so an average is a tendency, not a forecast.
What are the strongest days in November?
Nov 2 (+0.32%, up 64% of years), Nov 7 (+0.26%, up 58% of years), Nov 26 (+0.19%, up 64% of years).