# Midterm Elections and Market Trends

> History shows markets rise after midterms but with sharp drops.
- Title: Midterm Elections and Market Trends · 24/7 Wall St. | Shortify
- Summary: History shows markets rise after midterms but with sharp drops. SPY gained 1.16% after 2026 midterm but faces potential 8% drop by year-end.
- Keywords: spider, Midterm, Elections, Market, Trends, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/11/04/midterm-elections-are-over-heres-what-history-says-about-the-next-12-months
- Author: Chris Lange
- Published: 2026-11-04T14:47:32+00:00
- Read time: 1 min
- Topics: spider
## Midterm Elections Over
SPY rose 1.16% to $763.08 before Wednesday's open.
## Six Midterm Cycles
SPY gained in five of six November closes after midterms.
## 2022 and 2002 Cycles
Both saw SPY rise over 5% in November after severe bear markets.
## 2010 Exception
SPY closed flat in November 2010 after midterm vote.
## Year-End Gains
Dow finished higher in all six cycles since 2002.
## Post-Midterm Drops
SPY dropped 8.8% in December 2018 after November gain.
## 2026 Test
SPY must hold above $755.72 to avoid 2018-style drop.
## Key takeaway

SPY gained 1.16% after 2026 midterm but faces potential 8% drop by year-end.