The is on track for its best weekly gain since July, up about 3 percent, but if history is any indication, those gains may evaporate on Monday.
Mondays have been a tough day for stocks this year with indexes closing negative over 67 percent of the time, and after a Good Friday, stocks still may not find a relief.
Historically, U.S. stocks tend to trade down on the Monday following a Good Friday, with the NASDAQ Composite leading the biggest decline.
Since the inception of NASDAQ in 1971, the index posted a loss over 62 percent of the time, down on average 0.33 percent.
Other major indexes—the Dow and S&P 500 also followed suite with losses over 55 percent of the time on Monday following the holiday.
Week after Good Friday
Year | DJIA | S&P 500 | NASDAQ |
2000 | -1.02 | 1.25 | 5.95 |
2001 | 4.47 | 5.03 | 10.3 |
2002 | -1.27 | -2.15 | -4.08 |
2003 | -0.38 | 0.59 | 0.63 |
2004 | 0.1 | -0.41 | -2.78 |
2005 | -0.37 | 0.13 | -0.31 |
2006 | 1.88 | 1.72 | 0.72 |
2007 | 0.41 | 0.63 | 0.83 |
2008 | -1.17 | -1.07 | 0.14 |
2009 | 0.59 | 1.52 | 1.24 |
2010 | 0.64 | 1.38 | 2.14 |
2011 | 2.44 | 1.96 | 1.89 |
2012 | -1.61 | -1.99 | -2.25 |
2013 | -0.09 | -1.01 | -1.95 |
Average | 0.33 | 0.54 | 0.89 |
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On a positive note, stocks tend to trade up the week after.
Not surprisingly, NASDAQ has led the market with gains over half a percent while the Dow and S&P followed with modest gains over 0.20 percent.
The markets have been closed now for more than 100 years since the last time they opened on Good Friday in 1907.
Here's a look at how indexes performed the week after the observance of this religious holiday in the last 14 years:
—By CNBC's Pradip Sigdyal