A late-May rally in stocks isn’t cause for investor celebration just yet

A late-May rally in stocks isn’t cause for investor celebration just yet

If you managed to sleep through May or simply avoided your brokerage app, congratulations.

You might be sitting on some gains despite the major averages punishing investors with gut-wrenching drops of up to 10% at the month’s lows.

When the dust settled, the S&P 500 (^GSPC) finished fractionally higher while the Dow (^DJI) inched up just 13 points. The Nasdaq Composite (^IXIC) lost just over 2.1% in May.

A six-day rally to close the month of May stemmed the hemorrhaging, but reality still…


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