WHY WOULD WALL STREET WANT A STEELERS-PACKERS SUPER BOWL...???
A matchup of the Pittsburgh Steelers and the Green Bay Packers in the NFL's big game on February 6 would be good for stocks-- allegedly.
A study shows that returns for the U.S. stock market top 20 percent annually when either team plays.
The analysis (by Capital IQ) found that the average annual return for the S&P 500 index when the final game includes the Steelers is 25 percent, and an even better 26 percent when they win.
Separately, the average return when the Super Bowl involves the Packers is 24 percent.
As for 'Da Bears?
The markets don't show as healthy a gain for the Chicago Bears, who will play the Packers in the NFC championship game this weekend. The market rose by about 19 percent when the team won its Super Bowl in 1986 and was up 5.5 percent after a loss in 2007.
The New York Jets are just plain bad news as the S&P 500 fell 8 percent in 1969. (The Jets will play the Steelers in the AFC finals this weekend.)
Another bad sign is the location of the game in Dallas, as Super Bowls played in Texas average an 8 percent decline. That is the worst performance of the eight states that have hosted the NFL's final game.
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