economic_finance130 words
It’s not just tech stocks: The broad-based strength of the market right now gives investors reason to stay the course
Market Snapshot
It’s not just tech stocks: The broad-based strength of the market right now gives investors reason to stay the course
While tech is still leading the party, more parts of the market are starting to join in
With the end of May has come yet another month of stellar stock-market performance. And there’s reason to believe the market is only getting healthier.
The S&P 500 SPX rose roughly 5.2% in May, and ended the final trading day of the month with a fourth straight record close. That’s on top of the 10.4% rally it saw in April, which means the index climbed 16.1% over the past two months — resulting in the largest two-month gain for the S&P 500 since May 2020, according to Dow Jones Market Data.
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