The Dow is posting its best June performance since 1938

The Dow Jones Industrial Average is currently on pace to record its strongest June since 1938. Similarly, the S&P 500 is on track to match its best June since 1955. Month-over-month data shows that the Dow is up by 7.8% and the S&P 500 7.3%, respectively, according to Fortune magazine.

June has so far proven to be a high point for market trends in 2019, though the entire year is up by significant margins. The Dow has seen a 14.7% uptick from 2018, while S&P has surged by 17.8%. June contributed largely to both gains.