Would a shutdown have tarnished a banner year for U.S. markets?

There are two tables showing the average and median for the S&P 500, 10-year yield, and the USD during government shutdowns historically. Since 2010, the S&P 500 average was 4.7% and median was 3.1%; the 10-year average was -2.0 bps and median was -2.1 bps; and the USD average was -0.7% and median was -0.7%. Since 1977, the S&P 500 average was 0.0% and median was 0.0%; the 10-year average was 3.8 bps and median was -0.5 bps; and the USD average was -0.3% and median was -0.2%.

This shows two line charts: one for the S&P 500 Index 2024 price return and another for the 2024 10-year U.S. Treasury yield. Both plot 40 significant events that happened during the year. Here is the text with the specified 10-year U.S. Treasury yields added: On 1/10/2024, the U.S. SEC approves 11 spot Bitcoin ETFs in a landmark decision (markets), with an S&P 500 Index price return of 0.3%, and a 10-year U.S. Treasury yield of 4.0283%. On 1/19/2024, the S&P 500 hits its first all-time high in over two years (markets), with an S&P 500 Index price return of 1.5%, and a 10-year U.S. Treasury yield of 4.1226%. On 1/29/2024, Chinese property giant Evergrande, holding over $300 billion in debt, is ordered to liquidate by a Hong Kong court (markets), with an S&P 500 Index price return of 3.3%, and a 10-year U.S. Treasury yield of 4.074%. On 2/11/2024, the Kansas City Chiefs win their second consecutive Super Bowl (Nature, Culture & Technology), with an S&P 500 Index price return of 5.3%, and a 10-year U.S. Treasury yield of 4.1754%. On 2/15/2024, the United Kingdom enters a technical recession (economy), with an S&P 500 Index price return of 5.4%, and a 10-year U.S. Treasury yield of 4.23%. On 2/22/2024, Nvidia adds nearly $280 billion to its market value, the most in a day for a company ever (markets), with an S&P 500 Index price return of 6.5%, and a 10-year U.S. Treasury yield of 4.3207%. On 2/22/2024, the Nikkei average, Japan’s equity benchmark, reaches its highest-ever level for the first time since 1989 (markets), with an S&P 500 Index price return of 6.5%, and a 10-year U.S. Treasury yield of 4.3207%. On 3/10/2024, the 96th Academy Awards sees Oppenheimer win seven Oscars, including Best Picture (Nature, Culture & Technology), with an S&P 500 Index price return of 7.2%, and a 10-year U.S. Treasury yield of 4.0749%. On 3/13/2024, Chinese-based ByteDance, the owner of TikTok, is forced to sell the social media platform or face a ban by the U.S. House of Representatives (Nature, Culture & Technology), with an S&P 500 Index price return of 8.1%, and a 10-year U.S. Treasury yield of 4.1899%. On 3/21/2024, the Swiss National Bank cuts interest rates, the first developed market central bank to do so this cycle (economy), with an S&P 500 Index price return of 9.6%, and a 10-year U.S. Treasury yield of 4.2669%. On 4/5/2024, Brent reaches a peak of $91 as fallout from World Central Kitchen deaths raise Middle East tensions (markets), with an S&P 500 Index price return of 8.9%, and a 10-year U.S. Treasury yield of 4.4016%. On 4/20/2024, the U.S. House of Representatives passes a bipartisan $95 billion foreign aid package for Ukraine, Israel and Taiwan (Politics & Geopolitics), with an S&P 500 Index price return of 4.2%, and a 10-year U.S. Treasury yield of 4.6207%. On 4/23/2024, the U.S. FTC votes to ban nearly all employment agreements that prevent workers from joining competing businesses (economy), with an S&P 500 Index price return of 6.3%, and a 10-year U.S. Treasury yield of 4.6004%. On 5/15/2024, the April CPI report shows U.S. inflation cooled for the first time this year (economy), with an S&P 500 Index price return of 10.9%, and a 10-year U.S. Treasury yield of 4.34%. On 5/19/2024, Manchester City wins its fourth consecutive Premier League title (Nature, Culture & Technology), with an S&P 500 Index price return of 10.9%, and a 10-year U.S. Treasury yield of 4.4198%. On 5/19/2024, the President and Foreign Minister of Iran are killed in a helicopter crash (Politics & Geopolitics), with an S&P 500 Index price return of 10.9%, and a 10-year U.S. Treasury yield of 4.4198%. On 5/20/2024, the copper price hits a record above $11,000 as fears of a shortage grow (markets), with an S&P 500 Index price return of 10.9%, and a 10-year U.S. Treasury yield of 4.4433%. On 6/2/2024, Mexico elects Claudia Sheinbaum as its first woman president (Politics & Geopolitics), with an S&P 500 Index price return of 10.4%, and a 10-year U.S. Treasury yield of 4.2227%. On 6/4/2024, results announced in the 2024 Indian general election show BJP unexpectedly loses outright majority (Politics & Geopolitics), with an S&P 500 Index price return of 10.6%, and a 10-year U.S. Treasury yield of 4.1829%. On 6/10/2024, French President Emmanuel Macron calls for snap elections (Politics & Geopolitics), with an S&P 500 Index price return of 12%, and a 10-year U.S. Treasury yield of 4.2389%. On 6/18/2024, Nvidia passes Microsoft as the most valuable public company (markets), with an S&P 500 Index price return of 14.3%, and a 10-year U.S. Treasury yield of 4.1939%. On 7/14/2024, Carlos Alcaraz wins Wimbledon by beating Novak Djokovic, now owning four Slam titles at only 21 years old (Nature, Culture & Technology), with an S&P 500 Index price return of 16.6%, and a 10-year U.S. Treasury yield of 4.0296%. On 7/21/2024, President Biden announces his withdrawal from the 2024 United States presidential election (Politics & Geopolitics), with an S&P 500 Index price return of 14.7%, and a 10-year U.S. Treasury yield of 3.7904%. On 7/26/2024, Paris hosts the Olympic Games, marking the biggest event ever organized in France (Nature, Culture & Technology), with an S&P 500 Index price return of 13.9%, and a 10-year U.S. Treasury yield of 3.7884%. On 7/31/2024, the Bank of Japan raises interest rates for the second time in 2024, underscoring determination to normalize monetary policy (economy), with an S&P 500 Index price return of 15%, and a 10-year U.S. Treasury yield of 3.7038%. On 8/2/2024, the Sahm rule is triggered, but a recession does not follow (economy), with an S&P 500 Index price return of 11.8%, and a 10-year U.S. Treasury yield of 3.728%. On 8/5/2024, the yen carry trade begins unwinding; the Nikkei 225 Index in Japan falls 12%, while the VIX briefly reaches highs not seen since COVID-19 (markets), with an S&P 500 Index price return of 8.8%, and a 10-year U.S. Treasury yield of 4.0726%. On 9/18/2024, the Fed announces its first interest rate cut since the pandemic recovery (economy), with an S&P 500 Index price return of 17%, and a 10-year U.S. Treasury yield of 4.0122%. On 9/24/2024, the Chinese government announces a major stimulus package (economy), with an S&P 500 Index price return of 19%, and a 10-year U.S. Treasury yield of 4.2708%. On 10/9/2024, Hurricanes Helene and Milton hit Florida’s Gulf Coast, part of the deadliest hurricane season in nearly two decades (Nature, Culture & Technology), with an S&P 500 Index price return of 20%, and a 10-year U.S. Treasury yield of 4.4394%. On 10/16/2024, Israel Defense Forces troops kill Hamas leader Yahya Sinwar (Politics & Geopolitics), with an S&P 500 Index price return of 20.9%, and a 10-year U.S. Treasury yield of 4.41%. On 11/5/2024, the 2024 U.S. presidential election concludes with Donald Trump becoming only the second U.S. president to serve non-consecutive terms (Politics & Geopolitics), with an S&P 500 Index price return of 19.9%, and a 10-year U.S. Treasury yield of 4.2245%. On 11/15/2024, Netflix claims the exhibition fight between YouTuber Jake Paul and boxing great Mike Tyson was the most-streamed sporting event ever, attracting 108 million live viewers globally (Nature, Culture & Technology), with an S&P 500 Index price return of 21.5%, and a 10-year U.S. Treasury yield of 4.18%. On 11/20/2024, Google Cloud launches AI agent partner program (markets), with an S&P 500 Index price return of 22.3%, and a 10-year U.S. Treasury yield of 4.18%. On 12/3/2024, BlackRock buys HPS Investment Partners for $12 billion, expanding in private credit (markets), with an S&P 500 Index price return of 24.5%, and a 10-year U.S. Treasury yield of 4.3632%. On 12/4/2024, the S&P 500 closes at its 56th all-time high of 2024, which is the fifth-best showing since 1929 (markets), with an S&P 500 Index price return of 25%, and a 10-year U.S. Treasury yield of 4.3632%. On 12/4/2024, Bitcoin price hits $100,000 for the first time ever (markets), with an S&P 500 Index price return of 25%, and a 10-year U.S. Treasury yield of 4.3632%. On 12/16/2024, the German government collapses as Chancellor Olaf Scholz loses a confidence vote in Parliament (Politics & Geopolitics), with an S&P 500 Index price return of 24.9%, and a 10-year U.S. Treasury yield of 4.3632%. On 12/18/2024, the Federal Reserve makes its third consecutive rate cut, following which Chairman Jerome Powell states that the Fed may not slash rates in 2025 as much as had initially been projected (economy), with an S&P 500 Index price return of 21.6%, and a 10-year U.S. Treasury yield of 4.3632%. On 12/18/2024, the Dow Jones Industrial Average declines for 10 straight days, marking its longest losing streak since 1974 (markets), with an S&P 500 Index price return of 21.6%, and a 10-year U.S. Treasury yield of 4.3632%.