If a Government Shutdown Occurs, Here's What May Happen to the Stock Market

A government shutdown is imminent unless Congress gets its act together and passes a bill to fund the government.

But even if we get a shutdown that doesn't mean the stock market will fall.

The last shutdown occurred back in 2013 - over that 16 day event, the S&P 500 actually rose 3.1%.

Since 1976, there have been 18 government shutdowns - the average S&P 500 performance during those events was a drop of 0.6%, according to LPL Research.

More from TheStreet:

• Jim Cramer: There's a 20% Chance of a Government Shutdown
• This Is What May Happen to Stocks Amid a Terrifying Government Shutdown
• Ex-Obama Adviser Austan Goolsbee Sees a Government Shutdown Coming for This One Reason