Markets cheer soccer wins, and take a dive after losses.
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References
Ashton, J. K., Gerrard, B. & Hudson, R . Economic impact of national sporting success: evidence from the London stock exchange. Applied Economics Letters, 10, 783 - 785, doi:10.1080/1350485032000126712 2003).
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University of Wales
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Whitfield, J. Football results kick share prices. Nature (2003). https://doi.org/10.1038/news031110-12
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DOI: https://doi.org/10.1038/news031110-12