April marks a historically low month for stock buybacks, with the current year showing the least activity in the past five years, according to reports. The S&P 500, which experienced a decline of 5.63% in March 2025, typically performs well in April following a weak March. Historical data indicates that when March ends negatively, the S&P 500 has an average return of 1.6% in April, with a 69% probability of gains. However, analysts caution that in years following significant bull market gains, the index often experiences downturns during tax season, as seen in previous years like 2022 and 2024. As investors approach April, there is a blend of optimism for recovery and caution regarding potential market volatility.