Valentine's Day not historically sweet for stock-market bulls (2024)

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Stock Market Today: Dow Jones ends higher as equities bounce after big CPI-inspired selloff

Last Updated: Feb 14, 2024 at 4:06 pm ET

A recap of all the action in markets after the big lurch down in U.S. stock markets the previous day.

Valentine's Day not historically sweet for stock-market bulls (2024)

FAQs

How does Valentine's day affect the stock market? ›

The Valentine's Day Rally is a trading strategy that leverages the seasonal tendency for stocks to increase in the weeks leading up to Valentine's Day and the weeks after. This phenomenon is driven by increased optimism and confidence in the markets associated with the holiday, along with a boost in consumer spending.

What is the dark history of Valentine's day? ›

One Valentine was a priest in third-century Rome who defied Emperor Claudius II after the ruler outlawed marriage for young men. St. Valentine would perform marriages in secret for young lovers, ultimately leading to his death.

How long does Valentine's day boost the economy? ›

One small winery called Sleepy Jean's Confections is partnering with other small florists and chocolatiers to sell more products overall. If the product can appear more personal to the consumer, then they are more likely to buy it on an emotional holiday. Overall, Valentine's Day boosts the economy for about 24 hours.

What is the real story behind Valentine's day? ›

Saint Valentine was discovered and imprisoned in a torture-ridden Roman jail, where he fell in love with a mysterious girl (believed to be his prosecutor's daughter). He sent her a love letter signed 'from your Valentine' right before his execution, thus originating the romantic sign-off still widely used today.

Who profits the most from Valentine's Day? ›

9 Companies That Turned Valentine's Day Into A $17 Billion...
  • The Hershey Company. ...
  • Hallmark Cards. ...
  • Necco. ...
  • Vermont Teddy Bear. ...
  • Victoria's Secret. ...
  • Tiffany & Co. ...
  • Armellini Express Lines. Armellini Express Lines. ...
  • The U.S. Postal Service. Photo by Dario Cantatore/Invision for US Postal Service/AP Images.
Feb 14, 2014

Who is the target market for Valentine's Day? ›

Set your sights on the right target

On Valentine's Day, men are the big spenders – in fact, men spend about twice as much as women on Valentine's gifts. For many brands and advertisers, it might well be worth creating a campaign focusing on a male audience. Also, the typical Valentine's day shopper tends to be younger.

What types of companies might benefit most from Valentine's day? ›

Restaurants and Retail See Uptick on Valentine's Day

Dining out also represents a larger portion of consumer spending on Valentine's Day. The National Restaurant Association tells the Chamber they project 60 million adults will go out to a restaurant for a special Valentine's Day meal this year.

What item makes the most money from Valentine's day? ›

60% of Americans planned to buy greetings and gift cards (NRF report 2023). Therefore, they are the top-selling items for Valentine's Day, especially if they are unique or personalized. Many people like to exchange cards on this holiday as a way to express their feelings and affection for their loved ones.

What impact does Valentine's day have on the economy? ›

According to the National Retail Federation (NRF), 62% of consumers ages 25-34 plan to celebrate Valentine's Day in 2024. The projected total in general for spending is $25.8 billion, while the projection for spending specifically on significant others is $14.2 billion.

What does the Bible say about Valentine's day? ›

1 John 4:7-12. Dear friends: let us love one another, for love comes from God. Everyone who loves has been born of God and knows God. Whoever does not love does not know God, because God is love.

What is the deeper meaning of Valentine's day? ›

It originated as a Christian feast day honoring a martyr named Valentine, and through later folk traditions it has also become a significant cultural, religious and commercial celebration of romance and love in many regions of the world. Valentine's Day. A Valentine's card, c. 1909. Also called.

Who was the killer on Valentine's day? ›

On Valentine's Day 1929, Thompson submaching guns shot and murdered seven men from Chicago's North Side Gang, headed by George Clarence “Bugs” Moran. Though the perpetrators of the massacre officially remain unidentified, many believe that members of Al Capone's South Side Gang are the culprits.

Does the stock market usually go up in February? ›

February is the second worst month for the stock market

For that index, February is, on average, the second-worst month, trailing only September for the lowest monthly average return over the last 100 years.

What industries benefit most from Valentine's Day? ›

Mom-and-pop restaurants, local flower shops and small jewelry stores are the ones that really benefit from this holiday,” said Mamun. “There are even customizable candy shops with products you can write a name on.” Despite the benefits to the economy, it is important to note that love should not be measured in gifts.

Is Valentine's Day a marketing strategy? ›

Greeting card companies, chocolatiers, florists, and other retailers began marketing products specifically for the holiday, promoting the idea that expressing love could be done through the purchase of gifts. The exchange of cards, flowers, and chocolates became entrenched as a traditional Valentine's Day practice.

What is the effect of Valentine's Day? ›

The psychological effects of Valentine's Day can vary widely depending on individual experiences and circ*mstances. For some, the holiday may serve as a source of joy and connection, strengthening bonds with loved ones. For others, it may exacerbate feelings of loneliness, isolation, or unworthiness.

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