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… Source link
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